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Marten Transport (Marten Transport) Momentum Rank : 5 (As of Apr. 27, 2024)


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What is Marten Transport Momentum Rank?

Marten Transport has the Momentum Rank of 5.

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 Marten Transport's Momentum Rank

For the Trucking subindustry, Marten Transport'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.


Marten Transport's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Marten Transport's Momentum Rank distribution charts can be found below:

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



Marten Transport Momentum Rank Related Terms

Thank you for viewing the detailed overview of Marten Transport's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Marten Transport (Marten Transport) Business Description

Traded in Other Exchanges
N/A
Address
129 Marten Street, Mondovi, WI, USA, 54755
Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage. It generates maximum revenue from the Truckload segment. The Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.
Executives
Randall John Baier officer: Exec. VP & Chief Tech. Officer 129 MARTEN STREET, MONDOVI WI 54755
Thomas J Winkel director
Patricia L Jones director C/O 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
Larry B Hagness director
James J Hinnendael officer: Chief Financial Officer 129 MARTEN STREET, MONDOVI WI 54755
John H Turner officer: Vice President of Sales 129 MARTEN STREET, MONDOVI WI 54755
Robert L Demorest director 2235 VALE CREST, MINNEAPOLIS MN 55422
Jerry M Bauer director
Douglas Paul Petit officer: President 129 MARTEN STREET, MONDOVI WI 54755
Timothy M Kohl officer: President 129 MARTEN STREET, MONDOVI WI 54755
Randolph L Marten director, 10 percent owner, officer: Chairman and President 129 MARTEN STREET, MONDOVI WI 54755
Kathleen P Iverson director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Timothy P Nash officer: Exec. VP of Sales & Marketing
Ronald Richard Booth director 129 MARTEN STREET, MONDOVI WI 54755
G Larry Owens director

Marten Transport (Marten Transport) Headlines

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