CURO Group Holdings (FRA:CGE) Momentum Rank : 2 (As of Jun. 25, 2024)

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What is CURO Group Holdings Momentum Rank?

CURO Group Holdings has the Momentum Rank of 2.

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 CURO Group Holdings's Momentum Rank

For the Credit Services subindustry, CURO Group Holdings'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.

CURO Group Holdings's Momentum Rank Distribution in the Credit Services Industry

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

* The bar in red indicates where CURO Group Holdings's Momentum Rank falls into.

CURO Group Holdings Momentum Rank Related Terms

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CURO Group Holdings (FRA:CGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CURO Group Holdings Corp (FRA:CGE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CUROQ:USA

Address

200 W Hubbard Street, 8th Floor, Chicago, IL, USA, 60654

Website

https://www.curo.com

CURO Group Holdings Corp is a consumer finance company serving a full spectrum of non-prime, near-prime and prime consumers in portions of the U.S. and Canada. It offers a broad range of consumer finance products including unsecured installment loans, secured installment loans, open-end loans, and single-pay loans. The company also provides ancillary financial products including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance in the Canadian market, gold buying, retail installment sales, and money transfer services. The firm operates under three segments: US, Canada Direct Lending, and Canada POS Lending.

CURO Group Holdings (FRA:CGE) Headlines

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