Sword Group (XPAR:SWP) Momentum Rank : 7 (As of May. 16, 2024)

View and export this data going back to 2002. Start your Free Trial

What is Sword Group Momentum Rank?

Sword Group has the Momentum Rank of 7.

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 Sword Group's Momentum Rank

For the Software - Application subindustry, Sword 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.

Sword Group's Momentum Rank Distribution in the Software Industry

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

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

Sword Group Momentum Rank Related Terms

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

Sword Group (XPAR:SWP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sword Group (XPAR:SWP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

9RS:Germany

Address

2, rue d’Arlon, Windhof, LUX, L-8399

Website

http://www.sword-group.com

Sword Group is a computer engineering services company which provides consulting, services and software. The firm's main business segments are IT Services and Software. These segments encompass information and content engineering systems integration, targeting of regulated markets, compliance management, software for risk and compliance, document and project management. The firm generates revenues mainly from consultancy and engineering services and sale of software licenses. Its targeted markets are institutions and government authorities, healthcare, banking and insurance, intellectual property and sports federations.