Prospect Capital (Prospect Capital) Momentum Rank : 5 (As of Apr. 27, 2024)

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What is Prospect Capital Momentum Rank?

Prospect Capital 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 Prospect Capital's Momentum Rank

For the Asset Management subindustry, Prospect Capital'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.

Prospect Capital's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prospect Capital's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Prospect Capital's Momentum Rank falls into.

Prospect Capital Momentum Rank Related Terms

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

Prospect Capital (Prospect Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prospect Capital Corp (NAS:PSEC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

PSECpA.PFD:USA RK8:Germany RK8:Germany

Address

10 East 40th Street, 42nd Floor, New York, NY, USA, 10016

Website

https://www.prospectstreet.com

Prospect Capital Corp is a closed-end investment company based in the United States. Its investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. The company invests primarily in senior and subordinated debt and equity of private companies for acquisitions, divestitures, growth, development, recapitalizations, and other purposes. It makes investments, including lending in private equity, sponsored transactions, directly to companies, investments in structured credit, real estate, and syndicated debt.

Executives

M Grier Eliasek	director, officer: President and COO	C/O PROSPECT ENERGY CORPORATION, 10 E. 40TH STREET, 40TH FLOOR, NEW YORK NY 10016
Van Dask Kristin Lea	officer: CFO, TREASURER, SECRETARY, CCO	10 EAST 40TH ST, NEW YORK NY 10016
John F Barry	director, officer: Chief Executive Officer	C/O PROSPECT ENERGY CORPORATION, 10 EAST 40TH STREET, 42TH FLOOR, NEW YORK NY 10016
Eugene S Stark	officer: Chief Financial Officer	GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
William Gremp	director	10 E. 40TH ST, 44TH FLOOR, NEW YORK NY 10016
Brian H Oswald	officer: CCO and Secretary, other: CCO and Secretary
Matthew C. Barry	other: Family Insider	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Graham Anderson	director	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Andrew C. Cooper	director	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Robert Everett	other: VP	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Simon Marom	other: VP- Legal	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Robert Kleinman	other: Senior VP	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
David Belzer	other: Managing Director	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Amir Friedman	other: VP	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
William Montgomery Cook	other: Managing Director	10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016