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Ingles Markets Momentum Rank

: 6 (As of Today)
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Ingles Markets has the Momentum Rank of 6.

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

For the Grocery Stores subindustry, Ingles Markets'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.

   

Ingles Markets Momentum Rank Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's Momentum Rank distribution charts can be found below:

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



Ingles Markets Momentum Rank Related Terms

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


Ingles Markets Business Description

Ingles Markets logo
Traded in Other Exchanges
Address
2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711
Ingles Markets Inc is a U.S. based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores primarily in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty-care products, and general merchandise. The retail business contributes most of the company's revenue. The company's real estate ownership on a material portion of total stores enables it to generate rental income.
Executives
Jackson Patricia officer: CFO P.O. BOX 6676 ASHEVILLE NC 28816
Lowden John R director 140 GREENWICH AVE GREENWICH CT 06830
Ferguson Ernest E. director P.O. BOX 6676 ASHEVILLE NC 28816
Collins L. Keith director P.O. BOX 6676 ASHEVILLE NC 28816
Laura Anne Laxton Ingle 2011 Irrevocable Trust Dated September 8, 2011 10 percent owner P.O. BOX 6676 ASHEVILLE NC 28816
Robert Ingle, Sr. Administrative Trust Uta Robert Pierce Ingle Living Trust Dated December 24, 2010 10 percent owner 2913 US HIGHWAY 70 WEST BLACK MOUNTAIN NC 28711
Ingle Sharp Laura director 2913 U.S. HWY. 70 WEST BLACK MOUNTAIN NC 28711
Lanning James W director, officer: President, other: Profit Sharing Plan Trustee
Freeman Ronald B director, officer: Chief Financial Officer, other: Profit Sharing Plan Trustee P.O. BOX 6676 ASHEVILLE NC 28816
Ingle Robert P director, officer: Chairman and CEO, other: Profit Sharing Plan Trustee
Ingles Markets Inc Investment/profit Sharing Plan Trust 10 percent owner
Ayers Fred director 2913 US HIGHWAY 70 WEST BLACK MOUNTAIN NC 28711
Gaither Charles L Jr director, officer: President, Milkco Inc. C/O INGLES PO BOX 6676 ASHEVILLE NC 28816
Ingle Robert P Ii director, officer: VP - Operations PO BOX 6676 ASHEVILLE NC 28816
Davey Timothy A officer: Vice President - Bakery PO BOX 6676 ASHEVILLE NC 28816

Ingles Markets Headlines

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