Viscom AG (XTER:V6C) Momentum Rank : 2 (As of May. 22, 2024)

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What is Viscom AG Momentum Rank?

Viscom 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 Viscom AG's Momentum Rank

For the Scientific & Technical Instruments subindustry, Viscom 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.

Viscom AG's Momentum Rank Distribution in the Hardware Industry

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

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

Viscom AG Momentum Rank Related Terms

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Viscom AG (XTER:V6C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Viscom AG (XTER:V6C) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

V6C:Germany V6C:Germany

Address

Carl-Buderus-Strasse 9-15, Hannover, DEU, 30455

Website

https://www.viscom.com

Viscom AG develops, manufactures and sells automated inspection systems. Its product portfolio includes the bandwidth of optical and X-ray inspection operations. The company's products are used in the production of automotive electronics, aerospace technology, and industrial electronics. Its products consist of solder joint inspection, which includes AOI, AXI, and MXI; solder paste inspection, wire bond inspection, and others. The construction and delivery of machines generate maximum revenue for the company. Geographically, the company offers its services to Europe, the Americas, and Asia. The Europe region generates the maximum revenue for the company.

Executives

Dr. Martin Heuser	Board of Directors
Dirk Schwingel	Board of Directors
Peter Krippner	Board of Directors

Viscom AG (XTER:V6C) Headlines

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