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AT&S Austria Technologie & Systemtechnik AG (XTER:AUS) Momentum Rank : 2 (As of May. 17, 2024)


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What is AT&S Austria Technologie & Systemtechnik AG Momentum Rank?

AT&S Austria Technologie & Systemtechnik AG 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 AT&S Austria Technologie & Systemtechnik AG's Momentum Rank

For the Electronic Components subindustry, AT&S Austria Technologie & Systemtechnik 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.

AT&S Austria Technologie & Systemtechnik AG's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AT&S Austria Technologie & Systemtechnik AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where AT&S Austria Technologie & Systemtechnik AG's Momentum Rank falls into.


AT&S Austria Technologie & Systemtechnik AG Momentum Rank Related Terms

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AT&S Austria Technologie & Systemtechnik AG (XTER:AUS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AT&S Austria Technologie & Systemtechnik AG (XTER:AUS) » Definitions » Momentum Rank
Comparable Companies
HAM:NAB FRA:CPU2 FRA:LKB XTER:LEI XTER:ULC XTER:ECK XTER:BEZ XTER:LUS1 XTER:PZS XTER:IBU APH TPE:2317 TEL TSE:6981 SZSE:002475 GLW TPE:2308 SZSE:000725 XKRX:006400 TSE:6762
Traded in Other Exchanges
ATSv:UK 0O5C:UK ATS:Czech Republic ATS:Austria
Address
Fabriksgasse 13, Leoben-Hinterberg, AUT, 8700
Website
https://www.ats.net
AT&S Austria Technologie & Systemtechnik AG manufactures printed circuit boards and operates through three segments: Mobile Devices and Substrates; Automotive, Industrial and Medical; and Others. The products are manufactured in the European and Asian markets and are directly distributed to original equipment manufacturers as well as contract electronic manufacturers. It has a wide geographical reach with production facilities in Austria (Leoben and Fehring) and plants in India (Nanjangud), China (Shanghai, Chongqing) and Korea (Ansan, near Seoul). Majority of its revenues are derived from the Mobile Devices and Substrates segment, which is responsible for the production of printed circuit boards.
Executives
Doktor Peter Schneider Board of Directors