Sopra Steria Group (XPAR:SOP) Momentum Rank : 10 (As of May. 21, 2024)

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What is Sopra Steria Group Momentum Rank?

Sopra Steria Group has the Momentum Rank of 10.

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 Sopra Steria Group's Momentum Rank

For the Information Technology Services subindustry, Sopra Steria 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.

Sopra Steria Group's Momentum Rank Distribution in the Software Industry

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

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

Sopra Steria Group Momentum Rank Related Terms

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Sopra Steria Group (XPAR:SOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sopra Steria Group SA (XPAR:SOP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SPPSY:USA SOPp:UK 0NJQ:UK OR8:Germany

Address

9 bis, rue de Presbourg, Paris, FRA, 75116

Website

http://www.sopragroup.com

Sopra Steria Group SA is a digital transformation company. It guides businesses through conversion projects, from the development phase to implementation phase. The firm provides end to end services in the fields of consulting, systems integration, software development, infrastructure management and business process services. It's target markets are financial services, insurance and social welfare, public sector, telecom operators, aerospace and defense, retail and energy sectors. Its geographic segments are France, United Kingdom, Spain, Italy, and Belgium. The company derives the majority of its revenues from France.