GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lalique Group SA (XSWX:LLQ) » Definitions » Momentum Rank

Lalique Group (XSWX:LLQ) Momentum Rank : 2 (As of May. 16, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Lalique Group Momentum Rank?

Lalique Group has the Momentum Rank of 2.

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 Lalique Group's Momentum Rank

For the Luxury Goods subindustry, Lalique 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.


Lalique Group's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lalique Group's Momentum Rank distribution charts can be found below:

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



Lalique Group Momentum Rank Related Terms

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


Lalique Group (XSWX:LLQ) Business Description

Traded in Other Exchanges
Address
Grubenstrasse 18, Zurich, CHE, CH-8045
Lalique Group SA is engaged in the creation, development, marketing, and global distribution of luxury goods. Its business areas comprise perfumes, cosmetics, crystal, jewellery, high-end furniture, and living accessories, along with art, gastronomy, and hospitality, as well as single malt whisky. Its reportable segment consists of Lalique, Ultrasun, Jaguar, Glenturret, and Other brands. The company's majority of its revenue comes from the Lalique segment.

Lalique Group (XSWX:LLQ) Headlines

No Headlines