GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » RH (BSP:R2HH34) » Definitions » Momentum Rank

RH (BSP:R2HH34) Momentum Rank : 0 (As of May. 01, 2024)


View and export this data going back to 2021. Start your Free Trial

What is RH Momentum Rank?

RH has the Momentum Rank of 0.

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.

RH Momentum Rank Related Terms

Thank you for viewing the detailed overview of RH's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

RH (BSP:R2HH34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » RH (BSP:R2HH34) » Definitions » Momentum Rank
Comparable Companies
ASO AAP GME SVV ODP MNSO EYE WINA SBH OLPX ORLY TSX:ATD AZO TSCO SHSE:601888 ULTA WSM DKS BBY CASY
Traded in Other Exchanges
RH:USA RH:Mexico
Address
15 Koch Road, Suite K, Corte Madera, CA, USA, 94925
Website
https://www.restorationhardware.com
RH is a luxury retailer operating in the $143 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and is growing the presence of its hospitality business (with 15 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). RH is fully integrated across store, Web, and catalog channels, and is positioned to broaden its total addressable market over the next decade with its World of RH digital platform (highlighting offerings outside of home furnishings), along with future offerings in color, bespoke furniture, architeture, media, and more.

RH (BSP:R2HH34) Headlines

No Headlines