DLH Holdings (FRA:TS8A) Momentum Rank : 10 (As of Apr. 29, 2024)

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What is DLH Holdings Momentum Rank?

DLH Holdings 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 DLH Holdings's Momentum Rank

For the Specialty Business Services subindustry, DLH Holdings'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.

DLH Holdings's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DLH Holdings's Momentum Rank distribution charts can be found below:

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

DLH Holdings Momentum Rank Related Terms

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DLH Holdings (FRA:TS8A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DLH Holdings Corp (FRA:TS8A) » Definitions » Momentum Rank

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Traded in Other Exchanges

DLHC:USA

Address

3565 Piedmont Road, NE Building 3, Suite 700, Atlanta, GA, USA, 30305

Website

https://www.dlhcorp.com

DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of Veteran Affairs. It is engaged in public health, performance evaluation, and health operations to solve the complex problems faced by civilian and military customers alike, leveraging digital transformation, artificial intelligence, analytics, cloud-based applications, and telehealth systems.

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