Mobimo Holding AG (XSWX:MOBN) Momentum Rank : 8 (As of May. 10, 2024)

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What is Mobimo Holding AG Momentum Rank?

Mobimo Holding AG 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 Mobimo Holding AG's Momentum Rank

For the Real Estate - Diversified subindustry, Mobimo Holding AG'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.

Mobimo Holding AG's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mobimo Holding AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Mobimo Holding AG's Momentum Rank falls into.

Mobimo Holding AG Momentum Rank Related Terms

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Mobimo Holding AG (XSWX:MOBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mobimo Holding AG (XSWX:MOBN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MOBNz:UK 0QQY:UK

Address

Rutligasse 1, Lucerne, CHE, CH-6000

Website

https://www.mobimo.ch

Mobimo Holding AG is a Switzerland-based parent company of the Mobimo Group. The company's business activities consist of the long-term holding and management of commercial and residential properties, the development of commercial and residential properties for its portfolio and third-party investors, and the construction and sale of owner-occupied residential properties. The company operates in two reportable segments; Real estate and Development. The Real Estate segment shows the profit from investment properties held on a long-term basis to generate rental income. The Development segment shows the profit from investment properties under construction for the company's portfolio, development for institutional and private investors, and the construction and sale of condominium apartments.

Mobimo Holding AG (XSWX:MOBN) Headlines

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