C&C Group (C&C Group) Momentum Rank : 4 (As of May. 04, 2024)

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What is C&C Group Momentum Rank?

C&C Group has the Momentum Rank of 4.

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 C&C Group's Momentum Rank

For the Beverages - Brewers subindustry, C&C Group'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.

C&C Group's Momentum Rank Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, C&C Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where C&C Group's Momentum Rank falls into.

C&C Group Momentum Rank Related Terms

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C&C Group (C&C Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » C&C Group PLC (OTCPK:CGPZF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CCGPY:USA CCRl:UK CCR:UK GCC:Germany

Address

Keeper Road, Bulmers House, Crumlin, Dublin, IRL, D12 K702

Website

https://www.candcgroupplc.com

C&C Group PLC manufactures cider and other alcoholic and nonalcoholic beverages, including beer, wine, soft drinks, and bottled water. The company's brands include Bulmers, Tennet's, Magners, Heverlee, Woodchuck, Hornsby's, Gaymers, Blackthorn, Tipperary, Finches, and Others. C&C also has distribution rights for numerous global brands owned by other companies. Its geographical segments are Ireland, Great Britain, and International, of which the majority of its revenue comes from Great Britain.

C&C Group (C&C Group) Headlines

From GuruFocus

C&C Down in the Dumps With Shutdown

By Holmes Osborne, CFA • 08-26-2021

Appointment of Andrew Andrea as Chief Financial Officer

By Business Wire • 12-18-2023

Irish Brewer Could Be a Buyout Candidate

By Holmes Osborne, CFA Holmes Osborne, CFA • 07-27-2016

Would Somebody Please Buyout C&C?

By Holmes Osborne, CFA Holmes Osborne, CFA • 10-28-2016