MUMAK® Methodology

The Transparent Evaluation Process

Most models focus exclusively on the individual company to be analyzed. We go a step further.

MUMAK® analyzes stocks on five consecutive levels – from global framework conditions to the optimal entry point identified by us. The goal is to find those 6 – 12 companies where as many success factors as possible are positively evaluated simultaneously on the analysis date.

Each stock is analyzed using a clearly defined and reproducible evaluation process. Each of the five analysis levels is presented as Positive, Neutral, or Negative.


Note: The displayed ratings exclusively reflect the result of our own analysis model at the respective analysis time. They do not constitute a recommendation to buy, sell, or invest. Capital investments are associated with risks and can lead to losses. The valuation of a stock can change at any time due to new company data, altered market conditions, or macroeconomic developments. Every investment decision should therefore be based on an independent review and take into account personal investment goals, investment horizon, and individual risk tolerance.

1. Geopolitics

Evaluation of the Global Environment:

Question: Does the company benefit from current global developments?

2. Industry

Evaluation of Sector Attractiveness:

Question: Is the industry in a structural growth phase?

3. Fundamentals

Evaluation of Company Quality:

Question: Is the company fundamentally, financially strong, and attractively valued?

4. News & Market Sentiment

Evaluation of Current Perception:

Question: Does the current sentiment support further price potential?

5. Technical Analysis

Evaluation of Timing:

Question: Is the current timing attractive for an entry?