Bankers Investment Trust (LSE:BNKR) Momentum Rank : 0 (As of Dec. 15, 2024)

View and export this data going back to 1957. Start your Free Trial

What is Bankers Investment Trust Momentum Rank?

Bankers Investment Trust has the Momentum Rank of 0.

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.

Bankers Investment Trust Momentum Rank Related Terms

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

Bankers Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bankers Investment Trust PLC (LSE:BNKR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BIT:New Zealand

Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

http://www.bankersinvestmenttrust.com

Bankers Investment Trust PLC is a UK based investment trust company. The company's investment objective is to achieve capital growth in the excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices Index. Its investments include Equities, Debt securities, cash investment, investment trust, collective funds, and derivatives. Its geographical segments are North America, United Kingdom, Europe(excluding the UK), Japan, China, and Pacific(excluding Japan & China).

Bankers Investment Trust Headlines

No Headlines