Daily Mail and General Trust (Daily Mail and General Trust) Momentum Rank : 0 (As of May. 06, 2024)

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What is Daily Mail and General Trust Momentum Rank?

Daily Mail and General Trust 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.

Daily Mail and General Trust Momentum Rank Related Terms

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Daily Mail and General Trust (Daily Mail and General Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Daily Mail and General Trust PLC (OTCPK:DMTGF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Derry Street, Northcliffe House, London, GBR, W8 5TT

Website

https://www.dmgt.com

Daily Mail and General Trust PLC Class A is a British international media company that publishes various newspapers and magazines and provides event organizers, as well as data and information services. Its flagship segment is British tabloid newspaper The Daily Mail, the largest newspaper brand in the United Kingdom. The company also operates other newspapers around Europe, as well as various websites. While the majority of revenue is derived from its publishing business, it also provides risk-management modeling and business research and data services to clients around the world.

Daily Mail and General Trust (Daily Mail and General Trust) Headlines

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