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Capita (LSE:CPI) Momentum Rank : 1 (As of Apr. 29, 2024)


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What is Capita Momentum Rank?

Capita has the Momentum Rank of 1.

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 Capita's Momentum Rank

For the Specialty Business Services subindustry, Capita'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.

Capita's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Capita's Momentum Rank distribution charts can be found below:

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


Capita Momentum Rank Related Terms

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

Capita (LSE:CPI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Capita PLC (LSE:CPI) » Definitions » Momentum Rank
Comparable Companies
LSE:KEYS LSE:DLAR LSE:BEG LSE:RST LSE:KGH LSE:INSE LSE:SFT LSE:FRAN LSE:WATR LSE:MIND LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN TSX:RBA LSE:RTO ASX:BXB XPAR:SW
Traded in Other Exchanges
CTAGY:USA CPIl:UK CTAA:Germany
Address
65 Gresham Street, London, GBR, EC2V 7NQ
Website
https://www.capita.com
Capita PLC is a provider of business process services, driven by data, technology, and people focused on creating useful outcomes and value by working collaboratively with its clients as partners. The company provides consulting, transformation, and professional delivery services, drawing on its practical experience, and provides digitally enabled services and solutions, often under multi-year contracts. It operates across three divisions Capita Public Service, Capita Experience, and Capita Portfolio. The company derives a majority of its revenue from the United Kingdom.