Chelverton UK Dividend Trust (LSE:SDV) Momentum Rank : 4 (As of May. 17, 2024)

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What is Chelverton UK Dividend Trust Momentum Rank?

Chelverton UK Dividend Trust 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 Chelverton UK Dividend Trust's Momentum Rank

For the Asset Management subindustry, Chelverton UK Dividend Trust'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.

Chelverton UK Dividend Trust's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Chelverton UK Dividend Trust's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Chelverton UK Dividend Trust's Momentum Rank falls into.

Chelverton UK Dividend Trust Momentum Rank Related Terms

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Chelverton UK Dividend Trust (LSE:SDV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Chelverton UK Dividend Trust PLC (LSE:SDV) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY

Website

http://www.chelvertonam.com

Chelverton UK Dividend Trust PLC is a closed-ended investment trust. The principal activity of the Company is to carry on business as an investment trust. The Company is engaged in a single segment of business, being investment business. The company focuses on private clients, financial intermediaries, institutional investors and family offices. Its investment objective is to provide ordinary shareholders with a high income and opportunity for capital growth, having a capital return sufficient to repay the full final capital entitlement of the Zero Dividend Preference shares. The company invests in various sectors such as Support and Financial Services, Travel and Leisure, General Retailer, Household Goods and Home Construction, Industrial Engineering and others.

Chelverton UK Dividend Trust (LSE:SDV) Headlines

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