Brockhaus Technologies AG (XTER:BKHT) Momentum Rank : 5 (As of May. 09, 2024)

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What is Brockhaus Technologies AG Momentum Rank?

Brockhaus Technologies AG has the Momentum Rank of 5.

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 Brockhaus Technologies AG's Momentum Rank

For the Asset Management subindustry, Brockhaus Technologies 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.

Brockhaus Technologies AG's Momentum Rank Distribution in the Asset Management Industry

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

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

Brockhaus Technologies AG Momentum Rank Related Terms

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Brockhaus Technologies AG (XTER:BKHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brockhaus Technologies AG (XTER:BKHT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BKHT:Germany

Address

Nextower, Thurn-und-Taxis-Platz 6, Frankfurt, HE, DEU, 60313

Website

https://www.brockhaus-technologies.com

Brockhaus Technologies AG Formerly Brockhaus Capital Mgmt AG is a technology holding company engaged in acquiring high-margin, fast-growing technology companies. The company provides active, strategic support to make them more valuable, and more successful. It offers the companies its expertise and gives them access to its network across sectors and international borders. The company offers its investors an opportunity to participate in the growth of these acquired technology companies.

Executives

Dr. Nathalie Krebs	Supervisory Board
Marco Brockhaus	Board of Directors

Brockhaus Technologies AG (XTER:BKHT) Headlines

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