AGMPC.PFD (Federal Agricultural Mortgage) Momentum Rank : 10 (As of Dec. 14, 2024)

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What is Federal Agricultural Mortgage Momentum Rank?

Federal Agricultural Mortgage has the Momentum Rank of 10.

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.

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Competitive Comparison of Federal Agricultural Mortgage's Momentum Rank

For the Credit Services subindustry, Federal Agricultural Mortgage'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.

Federal Agricultural Mortgage's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Federal Agricultural Mortgage's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Federal Agricultural Mortgage's Momentum Rank falls into.

Federal Agricultural Mortgage Momentum Rank Related Terms

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Federal Agricultural Mortgage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Federal Agricultural Mortgage Corp (NYSE:AGMpC.PFD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AGMpF.PFD:USA AGMpE.PFD:USA AGMpD.PFD:USA AGM.A:USA AGM:USA

Address

1999 K Street, North West, 4th Floor, Washington, DC, USA, 20006

Website

https://www.farmermac.com

Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven segments: Farm & Ranch, Corporate AgFinance, Rural Utilities, Renewable Energy, Funding, Investments, and Corporate. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA.