ASGI (abrdn Global Infrastructureome Fund) Momentum Rank : 7 (As of Mar. 02, 2025)

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What is abrdn Global Infrastructureome Fund Momentum Rank?

abrdn Global Infrastructureome Fund has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of abrdn Global Infrastructureome Fund's Momentum Rank

For the Asset Management subindustry, abrdn Global Infrastructureome 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.

abrdn Global Infrastructureome Fund's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Global Infrastructureome Fund's Momentum Rank distribution charts can be found below:

* The bar in red indicates where abrdn Global Infrastructureome Fund's Momentum Rank falls into.

abrdn Global Infrastructureome Fund Momentum Rank Related Terms

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abrdn Global Infrastructureome Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Global Infrastructure Income Fund (NYSE:ASGI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Market Street, Suite?200, Philadelphia, PA, USA, 19103

Website

https://www.abrdnasgi.com

abrdn Global Infrastructure Income Fund is a non-diversified, closed-end management investment company. Its objective is to seek to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

Executives

Thomas W Hunersen	director	C/O MACQUARIE FUND ADVISER, LLC, 600 FIFTH AVENUE, NEW YORK NY 10020
Alan R Goodson	officer: Vice President, other: Director of Adviser	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Peter Branner	other: Director of Sub-Adviser	C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Jaclyn Marie Matsick	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer	other: Director of Sub-Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Chris Lavictoire Mahai	director	C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Gordon A Baird	director	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey	officer: Vice President	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson	other: Director of Sub-Adviser	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Robert W. Hepp	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103