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Investment Company (The) (LSE:INV) Momentum Rank : 2 (As of May. 15, 2024)


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What is Investment Company (The) Momentum Rank?

Investment Company (The) has the Momentum Rank of 2.

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 Investment Company (The)'s Momentum Rank

For the Asset Management subindustry, Investment Company (The)'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.


Investment Company (The)'s Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment Company (The)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where Investment Company (The)'s Momentum Rank falls into.



Investment Company (The) Momentum Rank Related Terms

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Investment Company (The) (LSE:INV) Business Description

Traded in Other Exchanges
N/A
Address
Courtenay Street, Suite 8, Bridge House, Newton Abbot, Devon, GBR, TQ12 2QS
Investment Company (The) PLC is engaged in the investment of equity securities. Its investment objective is to protect the purchasing power of its capital in real terms and to participate in enduring economic activities which lend themselves to genuine capital accumulation and wealth creation.

Investment Company (The) (LSE:INV) Headlines

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