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RGT (Royce Global Value Trust) Momentum Rank : 8 (As of Mar. 29, 2025)


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What is Royce Global Value Trust Momentum Rank?

Royce Global Value Trust has the Momentum Rank of 8.

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 Royce Global Value Trust's Momentum Rank

For the Asset Management subindustry, Royce Global Value Trust'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.

Royce Global Value Trust's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Royce Global Value Trust's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Royce Global Value Trust's Momentum Rank falls into.


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Royce Global Value Trust Momentum Rank Related Terms

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Royce Global Value Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Royce Global Value Trust Inc (NYSE:RGT) » Definitions » Momentum Rank
Comparable Companies
VLT NMS CEV IAE PGZ GLV CXH FGB LRFC GCV BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
745 Fifth Avenue, New York, NY, USA, 10151
Website
https://www.royceinvest.com
Royce Global Value Trust Inc is a diversified closed-end investment company. The fund spreads its investments across diversified sectors such as information technology, consumer discretionary, health care, materials, consumer staples, and energy. Geographically, it has presence in the region of the United Kingdom, Japan, the United States, Canada, France, Hong Kong, and Germany.
Executives
Julia Ward Poston director C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Christopher C. Grisanti director 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
G Peter Obrien director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Charles M Royce director, officer: President, other: President - Investment Adviser C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Cecile Burleigh Harper director C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
John E Denneen officer: Secretary C/O ROYCE & ASSOCIATES LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Christopher D Clark officer: Vice President, other: President - Investment Advisor 745 FIFTH AVENUE, SUITE 2400, NEW YORK NY 10151
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Michael K. Shields director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Francis Gannon officer: Vice President C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Arthur S Mehlman director C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, NEW YORK NY 10151
Peter K Hoglund officer: Treasuer, other: CFO Investment Advisor 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Patricia Walsh Chadwick director 7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Fockler Jack E. Jr. officer: Vice President, other: VP - Investment Advisor C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151