FGPRB (Ferrellgas Partners LP) Momentum Rank : 3 (As of Mar. 02, 2025)

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What is Ferrellgas Partners LP Momentum Rank?

Ferrellgas Partners LP has the Momentum Rank of 3.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Ferrellgas Partners LP's Momentum Rank

For the Oil & Gas Refining & Marketing subindustry, Ferrellgas Partners LP'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.

Ferrellgas Partners LP's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ferrellgas Partners LP's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Ferrellgas Partners LP's Momentum Rank falls into.

Ferrellgas Partners LP Momentum Rank Related Terms

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Ferrellgas Partners LP Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

FGPR:USA

Address

One Liberty Plaza, Liberty, MO, USA, 64068

Website

https://www.ferrellgas.com

Ferrellgas Partners LP operates as a propane distributor. Its operations include the distribution and sale of propane and related equipment and supplies within the Midwest, Southeast, Southwest, and Northwest regions of the United States. The firm caters to residential, industrial, commercial, portable tank exchange, agricultural, wholesale and other, customers. Ferrellgas earns revenue through the distribution of propane, as well as through the sale of propane related equipment and supplies.