Vanquis Banking Group (CHIX:VANQL) Momentum Rank : 1 (As of Dec. 13, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Vanquis Banking Group Momentum Rank?

Vanquis Banking Group has the Momentum Rank of 1.

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 Vanquis Banking Group's Momentum Rank

For the Credit Services subindustry, Vanquis Banking Group'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.

Vanquis Banking Group's Momentum Rank Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Vanquis Banking Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Vanquis Banking Group's Momentum Rank falls into.

Vanquis Banking Group Momentum Rank Related Terms

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

Vanquis Banking Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Vanquis Banking Group PLC (CHIX:VANQl) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VANQ:UK

Address

No. 1 Godwin Street, Bradford, West Yorkshire, GBR, BD1 2SU

Website

https://www.vanquisbankinggroup.com

Vanquis Banking Group PLC is a specialist bank, focused on the mid-cost credit market. It offers credit cards and loans as Vanquis and Vehicle Finance as Moneybarn. All are delivered online and are built with customer flexibility in mind.

Vanquis Banking Group Headlines

No Headlines