GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » La savonnerie de Nyons SA (XPAR:MLSDN) » Definitions » Momentum Rank

Lavonnerie de Nyons (XPAR:MLSDN) Momentum Rank : 8 (As of May. 14, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Lavonnerie de Nyons Momentum Rank?

Lavonnerie de Nyons has the Momentum Rank of 8.

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 Lavonnerie de Nyons's Momentum Rank

For the Household & Personal Products subindustry, Lavonnerie de Nyons'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.

Lavonnerie de Nyons's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lavonnerie de Nyons's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Lavonnerie de Nyons's Momentum Rank falls into.


Lavonnerie de Nyons Momentum Rank Related Terms

Thank you for viewing the detailed overview of Lavonnerie de Nyons's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Lavonnerie de Nyons (XPAR:MLSDN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » La savonnerie de Nyons SA (XPAR:MLSDN) » Definitions » Momentum Rank
Comparable Companies
XPAR:ALMAS PG XPAR:OR LSE:ULVR BOM:500696 CL LSE:RKT EL KMB KVUE XTER:BEI XTER:HEN3 CHD TSE:8113 TSE:4452 OSTO:ESSITY B CLX TSE:4911 BOM:532424 BOM:500096
Traded in Other Exchanges
N/A
Address
Z.A.C Les Laurons II, Nyons, FRA, 26110
Website
http://www.lasavonneriedenyons.com
La savonnerie de Nyons SA is engaged in the manufacturing and marketing of a wide range of soaps. The company offers exfoliating soaps, soaps with rope, soap paper, fantasy soaps, liquid soaps, soap doors, among others.

Lavonnerie de Nyons (XPAR:MLSDN) Headlines

No Headlines