WillScot Mobile Mini Holdings (STU:WS11) Momentum Rank : 8 (As of May. 03, 2024)

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What is WillScot Mobile Mini Holdings Momentum Rank?

WillScot Mobile Mini Holdings has the Momentum Rank of 8.

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 WillScot Mobile Mini Holdings's Momentum Rank

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings'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.

WillScot Mobile Mini Holdings's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Momentum Rank falls into.

WillScot Mobile Mini Holdings Momentum Rank Related Terms

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WillScot Mobile Mini Holdings (STU:WS11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » WillScot Mobile Mini Holdings Corp (STU:WS11) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WSC:USA

Address

4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008

Website

https://www.willscotmobilemini.com

WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.

WillScot Mobile Mini Holdings (STU:WS11) Headlines

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