Muehlbauer Holding AG (XTER:MUB) Momentum Rank : 2 (As of May. 17, 2024)

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What is Muehlbauer Holding AG Momentum Rank?

Muehlbauer Holding 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 Muehlbauer Holding AG's Momentum Rank

For the Computer Hardware subindustry, Muehlbauer 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.

Muehlbauer Holding AG's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Muehlbauer Holding AG's Momentum Rank distribution charts can be found below:

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

Muehlbauer Holding AG Momentum Rank Related Terms

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Muehlbauer Holding AG (XTER:MUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Muehlbauer Holding AG (XTER:MUB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MUB:Germany MUB:Germany MUB:Germany

Address

Josef-Mühlbauer-Platz 1, Roding, DEU, 93426

Website

http://www.muehlbauer.de

Muehlbauer Holding AG is a German-based technology solutions provider with operations spread across multiple continents. Its business is segregated into three divisions; Precision Parts, Production Equipment and Government Solutions. The Precision Parts segment is associated with precision engineering and surface engineering. The Productions Equipment segment offers die sorting, smart cards, flexible solar technology and RFID/Smart Label technologies and the Government Solutions segment focuses on Identity document (ID) card solutions, document verification solutions, productions facility solutions, border management solutions and e-government solutions.