Bachem Holding AG (Bachem Holding AG) Momentum Rank : 5 (As of May. 02, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Bachem Holding AG Momentum Rank?

Bachem Holding 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 Bachem Holding AG's Momentum Rank

For the Chemicals subindustry, Bachem Holding 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.

Bachem Holding AG's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bachem Holding AG's Momentum Rank distribution charts can be found below:

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

Bachem Holding AG Momentum Rank Related Terms

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

Bachem Holding AG (Bachem Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bachem Holding AG (OTCPK:BCHMF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BANBz:UK BANB:Switzerland

Address

Hauptstrasse 144, Bubendorf, CHE, 4416

Website

https://www.bachem.com

Bachem Holding AG is a biochemical company that provides services to the pharmaceutical and biotechnology industry. It focuses on the process development and manufacturing of peptides and organic molecules as active pharmaceutical ingredients, as well as on the development of biochemical products for research purposes. The group markets its product under the Bachem and Clinalfa brands. The business of the firm can be seen booming across the market of Switzerland, USA, Austria, Great Britain, Germany and internationally and it generates revenue through the sale of the product.

Bachem Holding AG (Bachem Holding AG) Headlines

No Headlines