Gym Group (The) (FRA:4GY) Momentum Rank : 10 (As of Apr. 25, 2024)

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What is Gym Group (The) Momentum Rank?

Gym Group (The) 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 Gym Group (The)'s Momentum Rank

For the Leisure subindustry, Gym Group (The)'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.

Gym Group (The)'s Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gym Group (The)'s Momentum Rank distribution charts can be found below:

* The bar in red indicates where Gym Group (The)'s Momentum Rank falls into.

Gym Group (The) Momentum Rank Related Terms

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Gym Group (The) (FRA:4GY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gym Group (The) PLC (FRA:4GY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GYYMF:USA GYMl:UK GYM:UK

Address

12-16 Addiscombe Road, 5th Floor, OneCroydon, Croydon, GBR, CR0 0XT

Website

https://www.tggplc.com

Gym Group (The) PLC provides low-cost, 24/7 health and fitness facilities across the United Kingdom. The company offers flexible no-contract gym memberships, and it also ensures that all its sites have easy-access parking or are close to transportation hubs. The facilities include a wide variety of equipment as well to deliver value-for-the-money for its members. It generates the majority of its revenue from Membership income.

Gym Group (The) (FRA:4GY) Headlines

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