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Radiant Logistics (Radiant Logistics) Momentum Rank : 4 (As of Apr. 27, 2024)


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What is Radiant Logistics Momentum Rank?

Radiant Logistics 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 Radiant Logistics's Momentum Rank

For the Integrated Freight & Logistics subindustry, Radiant Logistics'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.


Radiant Logistics's Momentum Rank Distribution in the Transportation Industry

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

* The bar in red indicates where Radiant Logistics's Momentum Rank falls into.



Radiant Logistics Momentum Rank Related Terms

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


Radiant Logistics (Radiant Logistics) Business Description

Traded in Other Exchanges
Address
Triton Tower Two, 700 S Renton Village Place, Seventh Floor, Renton, WA, USA, 98057
Radiant Logistics Inc operates as a third-party logistics company, providing multi-modal transportation and logistics services to customers based in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services and freight brokerage services including truckload services, less-than-truckload (LTL) services, and intermodal services. The company has two geographic operating segments: the United States and Canada. Maximum revenue is generated in the United States.
Executives
Arnold Goldstein officer: Chief Commercial Officer 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Smith Kristin Elisabeth Toth director 700 S. RENTON VILLAGE PLACE, TRITON TOWERS TWO, SEVENTH FLOOR, RENTON WA 98057
Todd Macomber officer: Chief Accounting Officer 4313 107TH PLACE NE, KIRKLAND WA 98033
E Joseph Bento officer: COO, Radiant Global Logistics 15350 VICKERY DR, HOUSTON TX 77032
John Sobba officer: General Counsel 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Bohn H Crain director, 10 percent owner, officer: Chief Executive Officer 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Michael E Gould director 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Stephen P Harrington director 111 PRESIDENTIAL BOULEVARD, SUITE 158 A, BALA CYNWYD PA 19004
Hines Robert L. Jr. officer: SVP/General Counsel/Secretary C/O RADIANT LOGISTICS, INC., 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Richard P Palmieri director C/O RADIANT LOGISTICS INC., 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Peter C Jamieson officer: SVP Country Manager Canada 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE NJ 98004
Tim Boyce officer: COO Rail and Truck Brokerage 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Jack P Edwards director 24624 SE OLD BLACK NUGGET ROAD, ISSAQUAH WA 98029
Alesia Lee Pinney officer: General Counsel/Secretary AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Douglas Tabor 10 percent owner 401 N. CARROLL #194, SOUTHLAKE TX 76092