Ally Financial (MEX:ALLY1) Momentum Rank : 9 (As of Dec. 13, 2024)

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What is Ally Financial Momentum Rank?

Ally Financial has the Momentum Rank of 9.

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 Ally Financial's Momentum Rank

For the Credit Services subindustry, Ally Financial'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.

Ally Financial's Momentum Rank Distribution in the Credit Services Industry

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

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

Ally Financial Momentum Rank Related Terms

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Ally Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ally Financial Inc (MEX:ALLY1) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ALLY:USA 0HD0:UK GMZ:Germany

Address

500 Woodward Avenue, Floor 10, Ally Detroit Center, Detroit, MI, USA, 48226

Website

https://www.ally.com

Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.

Ally Financial Headlines

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