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Borussia Dortmund GmbH KGaA (XTER:BVB) Momentum Rank : 2 (As of May. 15, 2024)


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What is Borussia Dortmund GmbH KGaA Momentum Rank?

Borussia Dortmund GmbH KGaA 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 Borussia Dortmund GmbH KGaA's Momentum Rank

For the Entertainment subindustry, Borussia Dortmund GmbH KGaA'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.


Borussia Dortmund GmbH KGaA's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Borussia Dortmund GmbH KGaA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Borussia Dortmund GmbH KGaA's Momentum Rank falls into.



Borussia Dortmund GmbH KGaA Momentum Rank Related Terms

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Borussia Dortmund GmbH KGaA (XTER:BVB) Business Description

Address
Rheinlanddamm 207-209, Dortmund, NW, DEU, 44137
Borussia Dortmund GmbH & Co KGaA operates football club. The company operates its business through the following segments; Borussia Dortmund GmbH & Co KGaA operates a football club including a professional football squad and leverages the associated revenue potential arising from the transfer of players, catering, TV marketing, sponsorship, and ticketing. BVB Merchandising segment consists of the separate merchandising business. BVB Event and Catering Gmbh segment conducts tours, provides and arranges for event staffing services and planning and organising, catering and steering and conducting events of all types. Besttravel dortmund Gmbh segment comprises arranging travel by air, rail and ship as well. The firm earns the majority of its revenues from Borussia Dortmund GmbH & Co KGaA.
Executives
Judith Dommermuth Supervisory Board

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