UBAAF (Urbana) Momentum Rank : 9 (As of Dec. 15, 2024)

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What is Urbana Momentum Rank?

Urbana 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 Urbana's Momentum Rank

For the Asset Management subindustry, Urbana'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.

Urbana's Momentum Rank Distribution in the Asset Management Industry

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

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

Urbana Momentum Rank Related Terms

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Urbana Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Urbana Corp (OTCPK:UBAAF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

URNAF:USA URB:Canada URB.A:Canada URB.A:Canada URB:Canada

Address

150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9

Website

https://www.urbanacorp.com

Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. The Company has a single operating segment which is managing company investments.