GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The Brink's Co (FRA:PTY) » Definitions » Momentum Rank

The Brink's Co (FRA:PTY) Momentum Rank : 10 (As of May. 17, 2024)


View and export this data going back to . Start your Free Trial

What is The Brink's Co Momentum Rank?

The Brink's Co has the Momentum Rank of 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.

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


Competitive Comparison of The Brink's Co's Momentum Rank

For the Security & Protection Services subindustry, The Brink's 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.


The Brink's Co's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The Brink's Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where The Brink's Co's Momentum Rank falls into.



The Brink's Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of The Brink's Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


The Brink's Co (FRA:PTY) Business Description

Traded in Other Exchanges
Address
1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100
The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.