GCM Capital Advisors (BOM:538319) Momentum Rank : 4 (As of Jun. 19, 2024)

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What is GCM Capital Advisors Momentum Rank?

GCM Capital Advisors has the Momentum Rank of 4.

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 GCM Capital Advisors's Momentum Rank

For the Capital Markets subindustry, GCM Capital Advisors'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.

GCM Capital Advisors's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GCM Capital Advisors's Momentum Rank distribution charts can be found below:

* The bar in red indicates where GCM Capital Advisors's Momentum Rank falls into.

GCM Capital Advisors Momentum Rank Related Terms

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GCM Capital Advisors (BOM:538319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GCM Capital Advisors Ltd (BOM:538319) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

214, Free Press Journal Marg, 805, 8th Floor, Raheja Center, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.gcmcap.com

GCM Capital Advisors Ltd is engaged in providing financial advisory and consultancy services, and engaged in treasury operations by providing funding solutions to clients, both in the form of debt and equity, and investment activities. It is also involved in treasury operations, in which the company makes investments in the form of equity in various companies. The company receives maximum revenue in the form of interest income.

GCM Capital Advisors (BOM:538319) Headlines

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