Marley Spoon SE (Marley Spoon SE) Momentum Rank : 0 (As of Jun. 07, 2024)

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What is Marley Spoon SE Momentum Rank?

Marley Spoon SE has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Marley Spoon SE (Marley Spoon SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Marley Spoon SE (OTCPK:MLYSF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MMM:Australia

Address

Paul-Lincke-Ufer 39/40, Berlin, DEU, 10999

Website

https://www.marleyspoon.de

Marley Spoon SE is a German-based company is engaged in the food business. It prepares recipes for various country cuisines for vegetarians, meat lovers, and friends of fish dishes. The company uses paper-based packaging tapes, reusable cooling pads and regenerative sheep wool as an insulating material. It provides meal kit solutions on a weekly basis to customers across countries. The company's geographical segments are the USA, Australia and Europe. It derives a majority of revenue from the USA.

Marley Spoon SE (Marley Spoon SE) Headlines

From GuruFocus

Marley Spoon: Appendix 4C � Q4 2021 & Business Activity Report

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Marley Spoon to Acquire Australian Ready-to-Heat Meal Company Chefgood and Place Equity

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Marley Spoon: Improved Margin and Operating EBITDA Amidst Slow Start to the Year

By Business Wire Business Wire • 04-28-2023

Marley Spoon: Q3 2022 Results Media Alert

By Business Wire Business Wire • 10-27-2022

Marley Spoon: Appendix 4C � Q1 2022 & Business Activity Report

By Business Wire Business Wire • 04-28-2022

Marley Spoon: Profitable Q4 While Delivering Full Year Guidance

By Business Wire Business Wire • 01-31-2023

Marley Spoon: Continued Expansion of Margin and Positive Operating EBITDA Despite Softer Revenue

By Business Wire • 07-27-2023