mic AG (STU:M3BK) Momentum Rank : 1 (As of May. 25, 2024)

View and export this data going back to . Start your Free Trial

What is mic AG Momentum Rank?

mic AG has the Momentum Rank of 1.

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 mic AG's Momentum Rank

For the Asset Management subindustry, mic 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.

mic AG's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, mic AG's Momentum Rank distribution charts can be found below:

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

mic AG Momentum Rank Related Terms

Thank you for viewing the detailed overview of mic AG's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

mic AG (STU:M3BK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » mic AG (STU:M3BK) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

M3BK:Germany M3BK:Germany

Address

Denisstrabe 1b, Munich, DEU, 80335

Website

http://www.mic-ag.eu

mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.

mic AG (STU:M3BK) Headlines

No Headlines