Lender Processing Services, (FRA:L30) Momentum Rank : 0 (As of May. 23, 2024)

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What is Lender Processing Services, Momentum Rank?

Lender Processing Services, has the Momentum Rank of 0.

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.

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Lender Processing Services, (FRA:L30) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lender Processing Services, Inc. (FRA:L30) » Definitions » Momentum Rank

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Address

Website

http://www.lpsvcs.com

Lender Processing Services, Inc. was formed as a Delaware corporation in December 2007. The Company is a provider of integrated technology, data and services to the mortgage lending industry in mortgage processing in the U.S. It has two reporting segments, Technology, Data and Analytics and Loan Transaction Services. Its Technology, Data and Analytics segment offers software systems and information solutions that facilitate and automate many of the business across the life cycle of a mortgage. The primary applications and services for Company's technology businesses include servicing technology, default technology, origination technology, and its data and analytics services include alternative valuation services and data and information. The Company's Transaction Services segment offers customized outsourced business process and information solutions. The primary application and services of its origination services businesses include Settlement and title agency services, appraisal services, other origination services. The Company's default management services include: foreclosure management services, including access to a nationwide network of independent attorneys, document preparation and recording and other services; property inspection and preservation services, designed to preserve the value of properties securing defaulted loans; and asset management services, providing disposition services for its customers' real estate owned properties through a network of independent real estate brokers, attorneys and other vendors to facilitate the transaction. Corporate overhead costs and other operations that are not included in its operating segments are included in Corporate and Other.

Lender Processing Services, (FRA:L30) Headlines

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