Future (LSE:FUTR) Momentum Rank : 4 (As of May. 11, 2024)

View and export this data going back to 1999. Start your Free Trial

What is Future Momentum Rank?

Future has the Momentum Rank of 4.

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 Future's Momentum Rank

For the Publishing subindustry, Future'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.

Future's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future's Momentum Rank distribution charts can be found below:

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

Future Momentum Rank Related Terms

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

Future (LSE:FUTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Future PLC (LSE:FUTR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

FRNWF:USA FUTRl:UK FUTR.GB:UK FNWA:Germany FNWA:Germany

Address

Quay House, The Ambury, Bath, GBR, BA1 1UA

Website

https://www.futureplc.com

Future PLC is engaged in media group and digital publishing. It focuses on various areas which include Technology, games, films, music, and photography under the brand Techradar, Gamesradar+, PC gamer, Digital camera, The Photography Show, and others. The company's business segments are Media segment which comprises websites and events and the Magazine segment which includes magazines. It generates a majority of its revenue from the Media segment. Geographically, the company generates a majority of its revenue from the United kingdom.

Future (LSE:FUTR) Headlines

No Headlines