Brown Advisory US Smaller (LSE:BASC) Momentum Rank : 9 (As of Apr. 28, 2024)

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What is Brown Advisory US Smaller Momentum Rank?

Brown Advisory US Smaller 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 Brown Advisory US Smaller's Momentum Rank

For the Asset Management subindustry, Brown Advisory US Smaller'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.

Brown Advisory US Smaller's Momentum Rank Distribution in the Asset Management Industry

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

* The bar in red indicates where Brown Advisory US Smaller's Momentum Rank falls into.

Brown Advisory US Smaller Momentum Rank Related Terms

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Brown Advisory US Smaller (LSE:BASC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brown Advisory US Smaller Companies PLC (LSE:BASC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BASCl:UK

Address

125 London Wall, 6th Floor, Bastion House, London, GBR, EC2Y 5AS

Website

https://www.brownadvisory.com

Brown Advisory US Smaller Companies PLC is an investment trust. The company's main business is portfolio investment. Its investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted US smaller and medium-sized companies. The company's investing approach is long-term quality companies with limited downside risk. It focuses on capital preservation and a risk-averse approach. The company invests in consumer discretionary, consumer staples, energy, financial services, healthcare, materials and processing, producer durables, technology, and utilities sectors.

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