Price momentum


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Related to Price momentum: Earnings momentum, Momentum Strategies

Price momentum

Price Momentum

The performance of a stock relative to its industry or the performance of an industry relative to the market as a whole. A stock (or industry) that outperforms its industry (or market) for a given period of time is seen as a bullish sign for that stock (or industry). The concept is also called relative strength.
References in periodicals archive ?
Construction ofj6k6 price momentum strategy and estimation of CAPM.
50 per MMBtu in late fall 2011, but the potential for a price momentum shift increases as 2012 unfolds.
Dorsey Wright's Relative Strength price momentum rankings will be used to identify eligible investments across asset classes, sectors, sub-industry groups and securities.
In terms of prices, Northern Ireland, alongside East Anglia, recorded the strongest price gains in the UK, according to the latest survey, while price momentum in the London market in particular has continued to soften.
However, changing market conditions are likely to cause natural gas prices to gravitate higher in the second half of 2011 and this price momentum is expected to carry into 2012, a time when supply and demand are expected to become better balanced.
Evolution Securities said that EDI management "is gaining a reputation for delivering which will help share price momentum (and the rating).
The bank also warned that prices for properties in the city are set to rise above their highest levels set last year because of the price momentum and strong liquidity.
However, continued downward price momentum suggests a period of undershooting in the short term.
Should the price momentum of the first-half of the year sustain in the second half, the UAE's export revenues are poised to race past the $100 billion mark in 2008.
The Junior Gold Miners Index, which focuses on revenue growth and price momentum factors in the selection process, includes early stage mining companies that are in the exploration phase only or hold properties that may produce gold or silver.
Derek Fulton, chief executive of First Trust Global Portfolios, said that the funds are based on the group s analysis of academic research into the factors that drive equity outperformance along with the ratio of the share price to the book value of a company s assets, return on assets, sales growth and price momentum.
The price momentum may continue for a while, yet from a fundamental standpoint, the stock only offers 12% upside potential from the current price levels to our new 12-month target price.