Shoe Carnival (Shoe Carnival) Momentum Rank : 9 (As of Apr. 25, 2024)

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What is Shoe Carnival Momentum Rank?

Shoe Carnival 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 Shoe Carnival's Momentum Rank

For the Apparel Retail subindustry, Shoe Carnival'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.

Shoe Carnival's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoe Carnival's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Shoe Carnival's Momentum Rank falls into.

Shoe Carnival Momentum Rank Related Terms

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

Shoe Carnival (Shoe Carnival) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoe Carnival Inc (NAS:SCVL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

7500 East Columbia Street, Evansville, IN, USA, 47715

Website

https://www.shoecarnival.com

Shoe Carnival Inc is a family footwear retailer that offers a broad assortment of dress, casual and athletic footwear for men, women, and children with an emphasis on national name brands such as Nike, Skechers, Adidas, Puma, HEYDUDE, Converse, Vans, and Crocs. It operates a retail-focused business model that aims to deliver the footwear shopping experience with the national name brands desired by its customers. Its bricks-first, omnichannel approach provides customers easy access to a wide assortment of branded footwear for work, athletics, daily activities, and special events via a choice of delivery channel.

Executives

Delores B Weaver	10 percent owner	TWO STAMFORD PLAZA, 281 TRESSER BLVD P O BOX 1214, STAMFORD CT 06904-1214
Wayne J Weaver	director, 10 percent owner, officer: CHAIRMAN OF THE BOARD	TWO STAMFORD PLAZA, 281 TRESSER BLVD P O BOX 1214, STAMFORD CT 06904-1214
Erik D Gast	officer: EVP - Chief Financial Officer	7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Andrea R. Guthrie	director	7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Diane Randolph	director	1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Charles B. Tomm	director	201 N. FRANKLIN STREET, SUITE 2800, TAMPA FL 33602
Kent A Kleeberger	director
W Kerry Jackson	officer: EXECUTIVE VICE PRESIDENT - CFO
Timothy T Baker	officer: EXECUTIVE VICE PRESIDENT -
Marc A. Chilton	officer: EVP-Chief Operations Officer	7500 E. COLUMBIA STREET, EVANSVILLE IN 47715
Patrick C. Edwards	officer: VP, CAO (PAO)	7500 E. COLUMBIA STREET, EVANSVILLE IN 47715
James A Aschleman	director	300 N MERIDIAN ST STE 2700, INDIANAPOLIS IN 46204
Carl N. Scibetta	officer: EVP - GENERAL MERCHANDISE MGR	7500 EAST COLUMBIA STREET, EVANSVILLE IN 47715
Clifton E Sifford	officer: EXECUTIVE VICE PRESIDENT -
Jeffrey C Gerstel	director	933 MACARTHUR BOULEVARD, MAHWAH NJ 07430