LNSTY (London Stock Exchange Group) Momentum Rank : 10 (As of Dec. 12, 2024)

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What is London Stock Exchange Group Momentum Rank?

London Stock Exchange Group 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 London Stock Exchange Group's Momentum Rank

For the Financial Data & Stock Exchanges subindustry, London Stock Exchange Group'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.

London Stock Exchange Group's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, London Stock Exchange Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where London Stock Exchange Group's Momentum Rank falls into.

London Stock Exchange Group Momentum Rank Related Terms

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London Stock Exchange Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » London Stock Exchange Group PLC (OTCPK:LNSTY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

LDNXF:USA LSEGl:UK LSEG:UK LS4D:Germany LS4C:Germany LS4C:Germany

Address

10 Paternoster Square, London, GBR, EC4M 7LS

Website

https://www.lseg.com

London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed income trading venues, as well as LCH, the largest clearing house for over-the-counter swaps globally.