Compagnie deint-Gobain (XPAR:SGO) Momentum Rank : 9 (As of May. 01, 2024)

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What is Compagnie deint-Gobain Momentum Rank?

Compagnie deint-Gobain has the Momentum Rank of 9.

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 Compagnie deint-Gobain's Momentum Rank

For the Building Products & Equipment subindustry, Compagnie deint-Gobain'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.

Compagnie deint-Gobain's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Compagnie deint-Gobain's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Compagnie deint-Gobain's Momentum Rank falls into.

Compagnie deint-Gobain Momentum Rank Related Terms

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Compagnie deint-Gobain (XPAR:SGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Compagnie de Saint-Gobain SA (XPAR:SGO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CODYY:USA CODGF:USA SGOp:UK COD:UK GOB:Germany GOB:Switzerland SGO:Austria

Address

12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, FRA, 92400

Website

http://www.saint-gobain.com

Compagnie Saint-Gobain is a manufacturer of building materials that are primarily supplied to the construction industry. The company offers a vast range of products ranging from glass windows to plaster-based products and piping systems, as well as a distribution business. Saint-Gobain has a well-documented history stretching back to the 17th century, with traces of its products visible across France's most prominent landmarks. Approximately two thirds of sales are generated in Europe, with France contributing 26% of group sales.

Compagnie deint-Gobain (XPAR:SGO) Headlines

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