GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Allegiant Travel Co (NAS:ALGT) » Definitions » Momentum Rank

Allegiant Travel Co (Allegiant Travel Co) Momentum Rank : 5 (As of Apr. 27, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Allegiant Travel Co Momentum Rank?

Allegiant Travel Co has the Momentum Rank of 5.

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 Allegiant Travel Co's Momentum Rank

For the Airlines subindustry, Allegiant Travel Co'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.


Allegiant Travel Co's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Allegiant Travel Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Allegiant Travel Co's Momentum Rank falls into.



Allegiant Travel Co Momentum Rank Related Terms

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


Allegiant Travel Co (Allegiant Travel Co) Business Description

Traded in Other Exchanges
N/A
Address
1201 North Town Center Drive, Las Vegas, NV, USA, 89144
Allegiant Travel Co provides travel services in the United States. It sells air transportation on a stand-alone basis or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company's operating segment includes Airline, Sunseeker Resort, and other non-airline. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.
Executives
Scott Wayne Deangelo officer: EVP, Marketing 1201 N TOWN CENTER DRIVE, LAS VEGAS NV 89144
Keny Frank Wilper officer: Interim COO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gary Ellmer director 448 LANG ROAD, PORTSMOUTH NH 03801
Gregory Clark Anderson officer: Chief Accounting Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Wilson Robert Paul Iii officer: EVP and CIO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Drew Allen Wells officer: SVP, Chief Revenue Officer 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Scott Sheldon officer: Principal Accounting Officer 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Robert James Neal officer: CFO 1201 N TOWN CENTER DR, LAS VEGAS NV 89144
Gallagher Maurice J Jr director, 10 percent owner, officer: CEO and President 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144
Rebecca Aretos officer: Principal Accounting Officer 1201 N. TOWN CENTER DRIVE., LAS VEGAS NV 89144
Sandra Douglass Morgan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
John Redmond director 1201 N. TOWN CENTER DRIVE, LAS VEGAS NV 89144
Linda A Marvin officer: CFO and Managing Director 9057 WATERFIELD COURT, LAS VEGAS NV 89134
Charles W. Pollard director 50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066
Jude Bricker officer: SVP - Planning 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV 89144