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Service Team (Service Team) Momentum Rank : 0 (As of May. 18, 2024)


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What is Service Team Momentum Rank?

Service Team 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.


Service Team Momentum Rank Related Terms

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Service Team (Service Team) Business Description

Traded in Other Exchanges
N/A
Address
18482 Park Villa Place, Villa Park, CA, USA, 92861
Service Team Inc is engaged in the manufacturing and repairing of truck bodies. The business activity of the group is functioned through the Trading Leasing division. The Trade Leasing division is involved in the manufacture and repair of truck bodies. It manufactures truck bodies that are attached to a truck chassis consisting of an engine, drive train, a frame with wheels, and in some cases, a cab. In addition, it also installs various types of cooling systems in the trucks. Geographically operations are functioned through the region of the United States and it derives revenue through the sale of trucks.

Service Team (Service Team) Headlines

From GuruFocus

Service Team Inc. Reports First Quarter Results

By ACCESSWIRE AccessWire 04-12-2019

Service Team Inc. Reports Second Quarter Results

By ACCESSWIRE AccessWire 04-12-2019

Service Team Inc. Makes ''Fastest Growing List''

By ACCESSWIRE AccessWire 04-12-2019