GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SEI Investments Co (MEX:SEIC) » Definitions » Momentum Rank

SEI Investments Co (MEX:SEIC) Momentum Rank : 9 (As of Dec. 14, 2024)


View and export this data going back to 2018. Start your Free Trial

What is SEI Investments Co Momentum Rank?

SEI Investments Co 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 SEI Investments Co's Momentum Rank

For the Asset Management subindustry, SEI Investments 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.


SEI Investments Co's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SEI Investments Co's Momentum Rank distribution charts can be found below:

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



SEI Investments Co Momentum Rank Related Terms

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


SEI Investments Co Business Description

Traded in Other Exchanges
Address
1 Freedom Valley Drive, Oaks, PA, USA, 19456
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2023, SEI (including LSV) manages, administers, or advises about $1.4 trillion in assets.