GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Nelnet Inc (NYSE:NNI) » Definitions » Momentum Rank

NNI (Nelnet) Momentum Rank : 9 (As of Apr. 08, 2025)


View and export this data going back to 2003. Start your Free Trial

What is Nelnet Momentum Rank?

Nelnet has the Momentum Rank of 9.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Nelnet's Momentum Rank

For the Credit Services subindustry, Nelnet'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.


Nelnet's Momentum Rank Distribution in the Credit Services Industry

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

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


;
;

Nelnet Momentum Rank Related Terms

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


Nelnet Business Description

Traded in Other Exchanges
Address
121 South 13th Street, Suite 100, Lincoln, NE, USA, 68508
Nelnet Inc is a United States based company engaged in these four segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services; Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses; Asset Generation and Management Includes the acquisition and management of student and other loan assets; and Nelnet Bank focuses on the private education and unsecured consumer loan markets. Loan Servicing and Systems Segment derives majority of the company's revenue.
Executives
Van Deun Jona M director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
William J Munn officer: Secy, Chief Legal Off, Gen Cou 121 S. 13TH STREET, SUITE 100, LINCOLN NE 68508
Kathleen Anne Farrell director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Dan D Muhleisen 10 percent owner 6321 DOECREEK CIRCLE, LINCOLN NE 68516
Preeta D Bansal director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
David S Graff director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kimberly Kay Rath director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Matthew W Dunlap director, officer: Chief Business Develop. Off. 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Magnolia Capital Fund, Lp other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson director, other: See below 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Shelby J Butterfield 10 percent owner 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Michael S Dunlap director, 10 percent owner, officer: Chairman, Co-Chief Ex. Officer 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Joann M Martin director 6221 ANDREW COURT, LINCOLN NE 68512
Angie Mulheisen 10 percent owner 3643 S 48TH STREET P O BOX 82535, LINCOLN NE 68501-2535