GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tuesday Morning Corp (OTCPK:TUEMQ) » Definitions » Momentum Rank

Tuesday Morning (Tuesday Morning) Momentum Rank : 0 (As of May. 25, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Tuesday Morning Momentum Rank?

Tuesday Morning 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.


Tuesday Morning Momentum Rank Related Terms

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


Tuesday Morning (Tuesday Morning) Business Description

Traded in Other Exchanges
N/A
Address
6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.
Executives
Osmium Partners, Llc director, 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Zhong John Zhang director 6250 LBJ FWY, DALLAS TX 75240
Andrew Berger director 84 ELM STREET, WESTFIELD NJ 07090
Michael Onghai director 122 WEST 26TH ST. 5TH FLOOR, NEW YORK NY 10001
James Harris director 10 FARADAY, IRVINE CA 92618
Maya Burkenroad director C/O WILHELMINA INTERNATIONAL, INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Sandip Patel director 1010 N. FLORIDA AVE., TAMPA FL 33602
Clicks To Bricks, Llc 10 percent owner, other: Member of 10% owner group 1680 MICHIGAN AVE, SUITE 700, MIAMI BEACH FL 33139
Tm21, Llc director, 10 percent owner, other: Member of 10% owner group 1010 N. FLORIDA AVE., TAMPA FL 33602
Ayon Capital, L.l.c. director, 10 percent owner, other: Member of 10% owner group 1010 N. FLORIDA AVE., TAMPA FL 33602
Tascr Ventures, Llc director, 10 percent owner, other: Member of 10% owner group 1010 NORTH FLORIDA AVENUE, TAMPA FL 33602
Alexander Mehr director, 10 percent owner, other: Member of 10% owner group C/O ZOOSK, INC., 989 MARKET STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Retail Ecommerce Ventures Llc director, 10 percent owner, other: Member of 10% owner group 1680 MICHIGAN AVENUE, SUITE 700, MIAMI BEACH FL 33139
Tai Lopez director, 10 percent owner, other: Member of 10% owner group C/O WILHELMINA INTERNATIONAL, INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Marcelo Podesta director 6250 LBJ FREEWAY, DALLAS TX 75240