BCV (Bancroft Fund) Momentum Rank : 2 (As of Dec. 14, 2024)

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What is Bancroft Fund Momentum Rank?

Bancroft Fund has the Momentum Rank of 2.

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 Bancroft Fund's Momentum Rank

For the Asset Management subindustry, Bancroft 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.

Bancroft Fund's Momentum Rank Distribution in the Asset Management Industry

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

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

Bancroft Fund Momentum Rank Related Terms

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Bancroft Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bancroft Fund Ltd (AMEX:BCV) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BCVpA.PFD:USA

Address

One Corporate Center, Rye, New York, NY, USA, 10580-1422

Website

http://www.gabelli.com

Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.

Executives

Mario J Gabelli	director, other: Control Person of Adviser	191 MASON STREET, GREENWICH CT 06830
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
James Andrew Dinsmore	officer: Vice President	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Anthonie C Vanekris	director	ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kinchen C Bizzell	director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Jane D Okeeffe	director, officer: President	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVE, MORRISTOWN NJ 07960
James P Conn	director
Mercedes A Pierre	other: former Vice President and CCO	C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady	officer: Treasurer	ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr	director	ONE CORPORATE CENTER, RYE NY 10580
Germaine M Ortiz	officer: Vice President	C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Peter M Finnican	other: Adviser's Marketing Director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960

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