Yellow Pages (TSX:Y) Momentum Rank : 2 (As of May. 09, 2024)

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What is Yellow Pages Momentum Rank?

Yellow Pages 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 Yellow Pages's Momentum Rank

For the Publishing subindustry, Yellow Pages'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.

Yellow Pages's Momentum Rank Distribution in the Media - Diversified Industry

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

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

Yellow Pages Momentum Rank Related Terms

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Yellow Pages (TSX:Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Yellow Pages Ltd (TSX:Y) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

YLWDF:USA

Address

1751 Richardson Street, Suite 2.300, Montreal, QC, CAN, H3K 1G6

Website

https://corporate.yp.ca

Yellow Pages Ltd is a media and marketing solutions company in Canada, It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.