FACO (First Acceptance) Momentum Rank : 6 (As of Dec. 12, 2024)

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What is First Acceptance Momentum Rank?

First Acceptance has the Momentum Rank of 6.

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 First Acceptance's Momentum Rank

For the Insurance - Specialty subindustry, First Acceptance'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.

First Acceptance's Momentum Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, First Acceptance's Momentum Rank distribution charts can be found below:

* The bar in red indicates where First Acceptance's Momentum Rank falls into.

First Acceptance Momentum Rank Related Terms

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First Acceptance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » First Acceptance Corp (OTCPK:FACO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

3813 Green Hills Village Drive, Nashville, TN, USA, 37215

Website

https://www.firstacceptance.com

First Acceptance Corp is engaged in the financial services sector. It is principally a retailer, servicer, and underwriter of non-standard personal automobile insurance. The company's operations generate revenue from selling non-standard personal automobile insurance products and related products in the United States. Its suite of products comprises auto insurance, renters, motorcycle, roadside assistance, and hospital insurance. the company also operates a real estate and corporate segment, which consists of the activities related to the disposition of foreclosed real estate held for sale, interest expenses associated with all debt, and other general corporate overhead expenses.

Executives

Rhodes R Bobbitt	director	4500 ROLAND, #905, DALLAS TX 75219
Kenneth D Russell	director	200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Tom C Nichols	director	4500 MERCANTILE PLAZA DRIVE, SUITE 300, FORT WORTH TX 76137
Brent J Gay	officer: Chief Financial Officer	3813 GREEN HILLS VILLAGE DRIVE, NASHVILLE TN 37215
Olson Lyndon L Jr	director	3812 GREENLEAF DRIVE, WACO TX 76710
Jeremy B Ford	director
Mark A Kelly	officer: Interim CEO & President	5722 WEST HANOVER, DALLAS TX 75209
Joseph S. Borbely	officer: President	1572 VANDAGRIFF WAY, CORONA CA 92883
John R Barnett	officer: Sr. Vice President of Finance	111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Daniel L. Walker	officer: Sr. VP of Operations	3322 WEST END AVENUE, NASHVILLE TN 37203
Harrison Thomas Marshall Jr	director, 10 percent owner, officer: Exec. VP & Secretary	3813 GREEN HILLS VILLAGE DRIVE, NASHVILLE TN 37215
Gerald J Ford	director, 10 percent owner, officer: Chairman	200 CRESCENT CT STE 1350, DALLAS TX 75201
Keith E. Bornemann	officer: Corporate Controller	3322 WEST END AVENUE, NASHVILLE TN 37203
Shipp William A Jr	director	9015 ENGLLISH WOOD COURT, BRENTWOOD TN 37027
Kevin P Cohn	officer: VP & Chief Accounting Officer	4400 POST OAK PARKWAY, STE 1100, HOUSTON TX 77027