L1 Global Long Short Fund (ASX:GLS) Momentum Rank: 6 (As of Sep. 09, 2026) — Near Median

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ASX:GLS L1 Global Long Short Fund Ltd ASX:GLS
30 GF Score
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What is L1 Global Long Short Fund Momentum Rank?

L1 Global Long Short Fund ASX:GLS -2.35% 30 Momentum Rank is 6 as of Sep. 09, 2026, which is at its 10-year median of 6.00. GuruFocus rates ASX:GLS with a GF Score™ of 30/100. The stock has 7 warning signs investors should review.

L1 Global Long Short Fund has the Momentum Rank of 6.

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.

L1 Global Long Short Fund Momentum Rank Related Terms

ASX:GLS vs BLK, BX, KKR: Momentum Rank Comparison

For the Asset Management subindustry, L1 Global Long Short 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.

L1 Global Long Short Fund Momentum Rank vs Asset Management Industry

For the Asset Management industry and Financial Services sector, L1 Global Long Short Fund's Momentum Rank distribution charts can be found below:

* The bar in red indicates where L1 Global Long Short Fund's Momentum Rank falls into.


ASX:GLS
30GF Score
L1 Global Long Short Fund Ltd ASX:GLS
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 6 mean?
L1 Global Long Short Fund (ASX:GLS) has a Momentum Rank of 6 as of Sep. 09, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on L1 Global Long Short Fund and its competitors. This is near median its historical median of 6.00. Over the past decade, L1 Global Long Short Fund's Momentum Rank has ranged from 1.00 to 10.00.
Is L1 Global Long Short Fund's Momentum Rank too high?
L1 Global Long Short Fund's current Momentum Rank of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, L1 Global Long Short Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does L1 Global Long Short Fund's Momentum Rank compare to BLK and BX?
L1 Global Long Short Fund's Momentum Rank of 6 can be compared against companies in the Asset Management industry. Historically, L1 Global Long Short Fund's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for an Asset Management company?
A good Momentum Rank depends on the Asset Management industry context. However, Momentum Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on L1 Global Long Short Fund and its competitors. L1 Global Long Short Fund's current Momentum Rank is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L1 Global Long Short Fund stock overvalued right now?
L1 Global Long Short Fund (ASX:GLS) has a current Momentum Rank of 6. The current Momentum Rank is 6, which is near median its 10-year median of 6.00. L1 Global Long Short Fund's overall GF Score™ is 30/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For L1 Global Long Short Fund (ASX:GLS), the current Momentum Rank is 6 as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

L1 Global Long Short Fund Business Description

Address 7 Macquarie Place, Level 8, Sydney, NSW, AUS, 2000
Platinum Capital Ltd is an Australian close-ended investment company. The investment objective of the Company is to provide capital growth over the long term by investing in companies that the Investment Manager perceives to be undervalued by the market. Its investment approach is index-agnostic and seeks to identify and take advantage of opportunities created by anomalies between a company's share price and its intrinsic value. The Company is organised into one main operating segment with only one key function, being the investment of the Company's funds in equities.
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