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Getlink SE (Getlink SE) Momentum Rank : 7 (As of Apr. 28, 2024)


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What is Getlink SE Momentum Rank?

Getlink SE has the Momentum Rank of 7.

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 Getlink SE's Momentum Rank

For the Railroads subindustry, Getlink SE'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.


Getlink SE's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Getlink SE's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Getlink SE's Momentum Rank falls into.



Getlink SE Momentum Rank Related Terms

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


Getlink SE (Getlink SE) Business Description

Traded in Other Exchanges
Address
37-39, Rue de la Bienfaisance, Paris, FRA, 75008
Getlink SE is a French industrial company focused on road and passenger transportation. The company is organized into four segments: the Eurotunnel segment, the Europorte segment, the ElecLink segment, and the Getlink segment. The Eurotunnel segment contributes the majority of revenue. It includes the shuttle service for vehicles and passengers and payments made for the use of the railway network by high-speed passenger trains (Eurostar) and by train operators' rail freight services. The Europorte rail freight segment includes rail freight subsidiaries across France and the United Kingdom. The ElecLink segment operates an electricity interconnector between France and Great Britain. The Getlink segment includes revenue from the company's rail freight training subsidiary.

Getlink SE (Getlink SE) Headlines

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