LyondellBasell Industries NV (LyondellBasell Industries NV) Momentum Rank : 8 (As of Apr. 24, 2024)

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What is LyondellBasell Industries NV Momentum Rank?

LyondellBasell Industries NV has the Momentum Rank of 8.

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 LyondellBasell Industries NV's Momentum Rank

For the Specialty Chemicals subindustry, LyondellBasell Industries NV'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.

LyondellBasell Industries NV's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LyondellBasell Industries NV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where LyondellBasell Industries NV's Momentum Rank falls into.

LyondellBasell Industries NV Momentum Rank Related Terms

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LyondellBasell Industries NV (LyondellBasell Industries NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LyondellBasell Industries NV (NYSE:LYB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

DLY:Germany DLY:Germany

Address

Delftseplein 27E, 4th Floor, Rotterdam, ZH, NLD, 3013 AA

Website

https://www.lyondellbasell.com

LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and is also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production come from its North American operations.

Executives

Jeffrey A Kaplan	officer: EVP & Chief Legal Officer	C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Ai Investments Holdings Llc	10 percent owner	730 FIFTH AVENUE, NEW YORK NY 10019
Rita E Griffin	director	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Anthony R Chase	director	10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Trisha L Conley	officer: EVP, People and Culture	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Tracey D Campbell	officer: EVP, Sustainability & Corp Aff	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Van Der Laan Yvonne	officer: EVP, Circular & Low Carbon Sol	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Michael C. Mcmurray	officer: EVP & CFO	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Jagjeet S. Bindra	director	2244 WALNUT GROVE AVENUE, P.O. BOX 800, ROSEMEAD CA 91770
James D Guilfoyle	officer: SVP, Global I&D	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Virginia A Kamsky	director	C/O KAMSKY ASSOCIATES, INC., 563 PARK AVENUE, NEW YORK NY 10065
James Malcolm Seward	officer: SVP, R&D, Tech & Sustain.	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Vanacker Peter Z. E.	director	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Buchanan Robin W.t.	director	STATIONSPLEIN 45, ROTTERDAM P7 3013AK
Chukwuemeka A. Oyolu	officer: SVP, CAO & Investor Relations	3010 BRIARPARK DRIVE, HOUSTON TX 77042