Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Momentum Rank : 7 (As of Apr. 28, 2024)

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What is Cornerstone Strategic Value Fund Momentum Rank?

Cornerstone Strategic Value Fund has the Momentum Rank of 7.

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 Cornerstone Strategic Value Fund's Momentum Rank

For the Asset Management subindustry, Cornerstone Strategic Value Fund'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.

Cornerstone Strategic Value Fund's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cornerstone Strategic Value Fund's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Cornerstone Strategic Value Fund's Momentum Rank falls into.

Cornerstone Strategic Value Fund Momentum Rank Related Terms

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Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cornerstone Strategic Value Fund Inc (AMEX:CLM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246

Website

http://www.cornerstonestrategicvaluefund.com

Cornerstone Strategic Value Fund Inc is a closed-end management investment company. The fund's objective is to seek long-term capital appreciation through investments in equity securities of U.S. and non-U.S. companies. It invests in various sectors, which include financials, information technology, healthcare, consumer discretionary, industrials, consumer staples, energy, telecommunication services, materials, and other sectors.

Executives

Matthew Morris	director	1905 SHARP PL, HOUSTON TX 77019
Daniel Bradshaw	director	1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Brian James Lutes	officer: Treasurer	C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Joshua Bradshaw	director	1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Ralph W Bradshaw	director, officer: President	1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Marcia Emilia Malzahn	director	16494 73RD AVENUE N, MAPLE GROVE MN 55311
Scott B Rogers	director	6 BEAVERDAM CT., ASHEVILLE NC 28804
Hoyt M. Peters	officer: Secretary	1075 HENDERSONVILLE ROAD, ASHEVILLE NC 28803
Alan M. Mandel	officer: Treasurer	C/O SCHRODERS, 875 THIRD AVENUE, 22ND FLOOR, NEW YORK NY 10022
Wilcox Glenn W Sr	director	ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801
Robert E Dean	director	5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Frank J. Maresca	officer: Treasurer	5 GREENVIEW CIR., HUNTINGTON NY 11743-5152
Theresa Minogue Bridge	officer: Treasurer	C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Andrew A Strauss	director	77 CENTRAL AVE SUITE F, ASHEVILLE NC 28801
Thomas H Lenagh	director	DEUTSCHE ASSET MANAGEMENT, 1 SOUTH STREET, BALTIMORE MD 21201