GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Bright Horizons Family Solutions Inc (STU:BHA) » Definitions » Momentum Rank

Bright Horizons Family Solutions (STU:BHA) Momentum Rank : 9 (As of Sep. 23, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Bright Horizons Family Solutions Momentum Rank?

Bright Horizons Family Solutions has the Momentum Rank of 9.

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 Bright Horizons Family Solutions's Momentum Rank

For the Personal Services subindustry, Bright Horizons Family Solutions'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.


Bright Horizons Family Solutions's Momentum Rank Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Bright Horizons Family Solutions's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Bright Horizons Family Solutions's Momentum Rank falls into.



Bright Horizons Family Solutions Momentum Rank Related Terms

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


Bright Horizons Family Solutions Business Description

Traded in Other Exchanges
Address
2 Wells Avenue, Newton, MA, USA, 02459
Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

Bright Horizons Family Solutions Headlines

No Headlines