Petco Health and Wellness Co (FRA:7G9) Momentum Rank : 8 (As of Dec. 15, 2024)

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What is Petco Health and Wellness Co Momentum Rank?

Petco Health and Wellness Co has the Momentum Rank of 8.

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 Petco Health and Wellness Co's Momentum Rank

For the Specialty Retail subindustry, Petco Health and Wellness Co'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.

Petco Health and Wellness Co's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Petco Health and Wellness Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Petco Health and Wellness Co's Momentum Rank falls into.

Petco Health and Wellness Co Momentum Rank Related Terms

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Petco Health and Wellness Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Petco Health and Wellness Co Inc (FRA:7G9) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WOOF:USA WOOF:Mexico 7G9:Germany

Address

10850 Via Frontera, San Diego, CA, USA, 92127

Website

https://www.petco.com

Petco Health and Wellness Co Inc is a pet health and wellness company focused on improving the lives of pets, pet parents, and its partners with approximately 1,423 pet care centers offering pet care products such as puppy food, treats, nutrition, and supplies through retail outlets and online platforms. The company generates revenue from the sale of products and services such as dog and cat food, supplies, and companion animals, among others.

Petco Health and Wellness Co Headlines

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