Institut de Developpement Industriel (XPAR:IDIP) Momentum Rank : 6 (As of May. 12, 2024)

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What is Institut de Developpement Industriel Momentum Rank?

Institut de Developpement Industriel 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 Institut de Developpement Industriel's Momentum Rank

For the Asset Management subindustry, Institut de Developpement Industriel'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.

Institut de Developpement Industriel's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Institut de Developpement Industriel's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Institut de Developpement Industriel's Momentum Rank falls into.

Institut de Developpement Industriel Momentum Rank Related Terms

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Institut de Developpement Industriel (XPAR:IDIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Institut de Developpement Industriel SA (XPAR:IDIP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

8KC:Germany

Address

18 avenue Matignon, Paris, FRA, 75008

Website

http://www.idi.fr

Institut de Developpement Industriel SA is a France-based investment capital company that specializes in owning shares in medium-sized companies. It acts on its own behalf and on behalf of third parties in all sectors of the investment business including Leveraged Buy Out or growth capital transactions in France and Funds of funds and growth capital funds in emerging economies.

Institut de Developpement Industriel (XPAR:IDIP) Headlines

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