General Capital (NZSE:GEN) Momentum Rank : 4 (As of Dec. 13, 2024)

View and export this data going back to 2012. Start your Free Trial

What is General Capital Momentum Rank?

General Capital has the Momentum Rank of 4.

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 General Capital's Momentum Rank

For the Mortgage Finance subindustry, General Capital'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.

General Capital's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, General Capital's Momentum Rank distribution charts can be found below:

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

General Capital Momentum Rank Related Terms

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

General Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » General Capital Ltd (NZSE:GEN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

115 Queen Street, Level 8, General Capital House, Auckland, NTL, NZL, 1010

Website

https://www.gencap.co.nz

General Capital Ltd through its subsidiaries engaged in providing financial services. The company accepts deposits and also lends funds to borrowers over residential property. It operates through three segments Finance: Deposit taking and short-term property mortgage lending, Research and Advisory: Provides investment advisory services and produces and sells investment research and publications. Corporate and Other: Corporate function and investment activities. The Finance segment generates the majority of revenue for the company.