Wallix Group (XPAR:ALLIX) Momentum Rank : 5 (As of May. 30, 2024)

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What is Wallix Group Momentum Rank?

Wallix Group has the Momentum Rank of 5.

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.

Competitive Comparison of Wallix Group's Momentum Rank

For the Software - Infrastructure subindustry, Wallix Group's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wallix Group's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Wallix Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Wallix Group's Momentum Rank falls into.

Wallix Group Momentum Rank Related Terms

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Wallix Group (XPAR:ALLIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wallix Group SA (XPAR:ALLIX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

3WG:Germany

Address

250bis, Rue du Faubourg Saint-Honore, Paris, FRA, 75008

Website

http://www.wallix.com

Wallix Group SA is a France-based cybersecurity software company engaged in providing privileged access management solution under the WALLIX Bastion name. Its solution's modules include session manager, which provides real-time monitoring of privileged users' access and sessions to prevent and detect malicious activity; password manager that enables super-administrators to regain control over access governance; and access manager, a centralized console, which offers exhaustive real-time list of all privileged users' logins, sessions, and actions to mitigate risk and prevent cyber-attacks.

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