Hawesko Holding SE (XTER:HAW) Momentum Rank : 2 (As of Jun. 08, 2024)

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What is Hawesko Holding SE Momentum Rank?

Hawesko Holding SE 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 Hawesko Holding SE's Momentum Rank

For the Beverages - Wineries & Distilleries subindustry, Hawesko Holding SE'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.

Hawesko Holding SE's Momentum Rank Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hawesko Holding SE's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Hawesko Holding SE's Momentum Rank falls into.

Hawesko Holding SE Momentum Rank Related Terms

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Hawesko Holding SE (XTER:HAW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Hawesko Holding SE (XTER:HAW) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

HAW:Germany HAW:Germany HAW:Germany

Address

Elbkaihaus, Grosse Elbstrasse 145d, Hamburg, DEU, 22767

Website

http://www.hawesko-holding.com

Hawesko Holding SE is a seller of premium wines and champagnes. It trades and sells wines, champagnes, and other alcoholic drinks to consumers and re-sellers through specialist wine-shop retail, wholesale and distance selling. The operating business segments are specialist wine-shop retail, distance selling, and wholesale/distribution. The specialist wine-shop retail and distance-selling reach end customers along with a variety of sales channels, while the wholesale segment supplies the catering trade and re-sellers. most of the revenue generates from specialist wine-shop retail. Geographically company generates most of the revenue from Germany.

Executives

Herr Alexander Borwitzky

Board of Directors

Hawesko Holding SE (XTER:HAW) Headlines

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