TX Group AG (XSWX:TXGN) Momentum Rank : 6 (As of May. 16, 2024)

View and export this data going back to 2000. Start your Free Trial

What is TX Group AG Momentum Rank?

TX Group AG has the Momentum Rank of 6.

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 TX Group AG's Momentum Rank

For the Publishing subindustry, TX Group 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.

TX Group AG's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TX Group AG's Momentum Rank distribution charts can be found below:

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

TX Group AG Momentum Rank Related Terms

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

TX Group AG (XSWX:TXGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TX Group AG (XSWX:TXGN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TXGNz:UK

Address

Werdstrasse 21, Postfach, Zurich, CHE, CH-8021

Website

https://www.tx.group

TX Group AG is a Swiss company with a network of digital platforms. It offers information, orientation, entertainment, and services to its users every day. The company provides newspapers and magazines. The company's operating segments include TX Markets; Goldbach; 20 Minuten; Tamedia and Group and Ventures. It generates maximum revenue from the Tamedia segment.

TX Group AG (XSWX:TXGN) Headlines

No Headlines