Just Eat Takeaway.com NV (Just Eat Takeaway.com NV) Momentum Rank : 7 (As of May. 08, 2024)

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What is Just Eat Takeaway.com NV Momentum Rank?

Just Eat Takeaway.com NV 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 Just Eat Takeaway.com NV's Momentum Rank

For the Internet Retail subindustry, Just Eat Takeaway.com 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.

Just Eat Takeaway.com NV's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Just Eat Takeaway.com NV's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Just Eat Takeaway.com NV's Momentum Rank falls into.

Just Eat Takeaway.com NV Momentum Rank Related Terms

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Just Eat Takeaway.com NV (Just Eat Takeaway.com NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Just Eat Takeaway.com NV (OTCPK:JTKWY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TKAYF:USA TKWY:Netherlands TKWYa:UK JET:UK T5W:Germany TKWY:Austria

Address

Piet Heinkade 61, Amsterdam, NLD, 1019 GM

Website

https://www.takeaway.com

Just Eat Takeaway operates an online marketplace that connects restaurants with users in Europe and North America. The company operates mainly as an order-only marketplace, although it also offers last-mile delivery services. The company is the result of the merger of Just Eat and Takeaway.com in early 2020. The company had close to 985 million orders and a gross transaction value of EUR 28.2 billion in fiscal 2022. Excluding the U.S. after the recent acquisition of Grubhub, the company's largest geographical presence by revenue is in the U.K., Germany, Canada, and the Netherlands.