Koninklijke Vopak NV (XAMS:VPK) Momentum Rank : 8 (As of May. 18, 2024)

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What is Koninklijke Vopak NV Momentum Rank?

Koninklijke Vopak 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 Koninklijke Vopak NV's Momentum Rank

For the Oil & Gas Midstream subindustry, Koninklijke Vopak 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.

Koninklijke Vopak NV's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Koninklijke Vopak NV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Koninklijke Vopak NV's Momentum Rank falls into.

Koninklijke Vopak NV Momentum Rank Related Terms

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Koninklijke Vopak NV (XAMS:VPK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Koninklijke Vopak NV (XAMS:VPK) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VOPKY:USA VOPKF:USA VPKa:UK 0O8V:UK VPK5:Germany

Address

Westerlaan 10, Rotterdam, NLD, 3016 CK

Website

https://www.vopak.com

Koninklijke Vopak NV is a tank storage provider for the oil and chemical industry. The company provides storage facilities and handling services for bulk liquid products and gases, including oil, chemicals, gases, liquefied natural gas, and biofuels. The company organizes itself into five segments, which are principally based on geography: Europe & Africa, Asia & Middle East, China & North Asia, and Americas and LNG. The Netherlands contributes the largest portion of revenue, followed by Asia (principally Singapore), the Americas (principally the United States), and Europe, the Middle East, and Africa.

Koninklijke Vopak NV (XAMS:VPK) Headlines

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