Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Momentum Rank : 0 (As of Jun. 10, 2024)

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What is Advent/claymore Enhanced Growth &ome Momentum Rank?

Advent/claymore Enhanced Growth &ome 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.

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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Advent/claymore Enhanced Growth & Income (NYSE:LCM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.guggenheiminvestments.com

Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.

Executives

Tony Huang	officer: V.P. & Assistant Secretary	227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog	10 percent owner	PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos	10 percent owner	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels	10 percent owner	72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein	10 percent owner	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland	director, officer: Chairman, CEO & President, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes	director, other: Trustee	2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko	other: Managing Director	1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk	officer: CCO & Secy	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz	officer: Chief Compliance Officer	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina	director, other: Trustee	ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen	other: Portfolio Manager	2455 CORPORATE WEST DRIVE, LISLE IL 60532

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