Aberdeen Global Dynamic Dividend Fund (Aberdeen Global Dynamic Dividend Fund) Momentum Rank : 4 (As of Apr. 26, 2024)

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What is Aberdeen Global Dynamic Dividend Fund Momentum Rank?

Aberdeen Global Dynamic Dividend Fund has the Momentum Rank of 4.

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 Aberdeen Global Dynamic Dividend Fund's Momentum Rank

For the Asset Management subindustry, Aberdeen Global Dynamic Dividend Fund'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.

Aberdeen Global Dynamic Dividend Fund's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Global Dynamic Dividend Fund's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Aberdeen Global Dynamic Dividend Fund's Momentum Rank falls into.

Aberdeen Global Dynamic Dividend Fund Momentum Rank Related Terms

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Aberdeen Global Dynamic Dividend Fund (Aberdeen Global Dynamic Dividend Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aberdeen Global Dynamic Dividend Fund (NYSE:AGD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103

Website

https://www.aberdeenagd.com

Aberdeen Global Dynamic Dividend Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current dividend income. The Fund also focuses on the long-term growth of capital as a secondary investment objective.

Executives

Peter Branner	other: Other - Director of Adviser	C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Todd Reit	director	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey	officer: Vice President	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson	other: Director of Adviser	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Brian Kordeck	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson	officer: Vice President	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Neil Andrew Slater	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird	director	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022
Michael Mark Redman	other: Director of Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Robert Mckillop	other: Director of Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103