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PRCH (Porch Group) Momentum Rank : 10 (As of Dec. 13, 2024)


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What is Porch Group Momentum Rank?

Porch Group has the Momentum Rank of 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.

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


Competitive Comparison of Porch Group's Momentum Rank

For the Software - Application subindustry, Porch Group'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.


Porch Group's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Porch Group's Momentum Rank distribution charts can be found below:

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



Porch Group Momentum Rank Related Terms

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


Porch Group Business Description

Traded in Other Exchanges
Address
411 1st Avenue South, Suite 501, Seattle, WA, USA, 98104
Porch Group Inc is a vertical software company reinventing the home services and insurance industries. It has two reportable segments: The vertical Software segment provides software and services to home services companies. The Vertical Software segment software and services provide inspection, mortgage, and title companies on a subscription and transactional basis, several key businesses, including inspection software and services, title insurance software, mortgage software, moving services, mover and homeowner marketing, and measurement software for roofers. The insurance segment provides consumers with insurance and warranty products to protect their homes, earning revenue through premiums collected on policies, policy fees, and commissions.
Executives
Shawn Tabak officer: Chief Financial Officer 23 BERENS DRIVE, KENTFIELD CA 94904
Camilla Velasquez director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Rachel Lam director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Matt Ehrlichman director, 10 percent owner, officer: CEO, Chairman and Founder 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Park West Asset Management Llc 10 percent owner 1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129
Sean Davis Kell director 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Matthew Neagle officer: Chief Operating Officer 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Amanda L Reierson director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Martin L. Heimbigner officer: Chief Financial Officer 110 - 110TH AVE., NE, SUITE 300, BELLEVUE WA 98004
Asha Sharma director 2201 1ST AVENUE SOUTH, SUITE 300, SEATTLE WA 98134
Maurice Tulloch director 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Thomas D Hennessy director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Regi Vengalil director 411 1ST AVENUE SOUTH, SUITE 501, SEATTLE WA 98104
Javier Saade director 2201 1ST AVENUE SOUTH, SUITE 300, SEATTLE WA 98134
Alan R Pickerill director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104