Shutterstock (FRA:S3T) Momentum Rank : 5 (As of May. 24, 2024)

View and export this data going back to 2012. Start your Free Trial

What is Shutterstock Momentum Rank?

Shutterstock has the Momentum Rank of 5.

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 Shutterstock's Momentum Rank

For the Internet Content & Information subindustry, Shutterstock'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.

Shutterstock's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shutterstock's Momentum Rank distribution charts can be found below:

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

Shutterstock Momentum Rank Related Terms

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

Shutterstock (FRA:S3T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shutterstock Inc (FRA:S3T) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SSTK:USA S3T:Germany

Address

350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118

Website

https://www.shutterstock.com

Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include photographs, illustrations, vector art, video clips, and music tracks, generates almost all of the company's revenue. Shutterstock's digital content products are marketed under brands including Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial. Shutterstock is the company's flagship brand, and the majority of the company's sales are derived from the company's shutterstock.com website. The firm's customers include traditional enterprises, marketing agencies, and media organizations. Geographically, North America and Europe jointly account for the majority of the company's revenue.

Shutterstock (FRA:S3T) Headlines

No Headlines