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New York Sub Co (New York Sub Co) Momentum Rank : 0 (As of Jun. 22, 2024)


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What is New York Sub Co Momentum Rank?

New York Sub Co 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.

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New York Sub Co (New York Sub Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » New York Sub Co (GREY:NSUB) » Definitions » Momentum Rank
Comparable Companies
VCAN CIIT LWLW HKEB FWLAF CPKA UPDC FRMC MUSS MGHL ANSU HRVOF GNTW BLKE ITDN SCPD ZMWYF GLBB HLLY SRRYD
Traded in Other Exchanges
N/A
Address
Website
http://www.jrecksubs.com
New York Sub Co owns and operates Jreck Subs, a New York-based fast food chain that specializes in customized made-to-order sandwiches. The company offers a wide variety of healthy meal options at various pricing. It also offers free organic recipes and also a complete organic food program for those who want to be healthier and have an eco-friendly lifestyle.

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