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Eagle Football Group (XPAR:EFG) Momentum Rank : 6 (As of Jun. 05, 2024)


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What is Eagle Football Group Momentum Rank?

Eagle Football Group has the Momentum Rank of 6.

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 Eagle Football Group's Momentum Rank

For the Leisure subindustry, Eagle Football 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.


Eagle Football Group's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Eagle Football Group's Momentum Rank distribution charts can be found below:

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



Eagle Football Group Momentum Rank Related Terms

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Eagle Football Group (XPAR:EFG) Business Description

Traded in Other Exchanges
Address
350, Avenue Jean Jaures, Lyon Cedex, FRA, 69361
Olympique Lyonnais Groupe is a holding company. It is engaged in sporting events, entertainment and media sector in France. This company has a club which owns private and modern stadium connected to it. Olympique earns its revenue through various resources which include ticketing, sponsoring and advertising, media and marketing rights, brand-related revenue and player trading. It sells a various range of products such as watches, goodies, car accessories and others. Nearly large parts of its revenue are generated through the ticketing. Other revenue gets generated through the sale of merchandising products, use of licenses and infrastructure, as well as signing fees.

Eagle Football Group (XPAR:EFG) Headlines

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