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ArcBest (ArcBest) Momentum Rank : 9 (As of May. 08, 2024)


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What is ArcBest Momentum Rank?

ArcBest 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 ArcBest's Momentum Rank

For the Trucking subindustry, ArcBest'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.


ArcBest's Momentum Rank Distribution in the Transportation Industry

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

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



ArcBest Momentum Rank Related Terms

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


ArcBest (ArcBest) Business Description

Traded in Other Exchanges
Address
8401 McClure Drive, Fort Smith, AR, USA, 72916
ArcBest Corp is engaged in logistics operations. The company operates in three business segments namely Asset-Based, ArcBest and FleetNet. Asset-Based segment which represents ABF Freight System, Inc. and certain other subsidiaries, including ABF Freight System (B.C.) ULC; ABF Freight System Canada ULC; ABF Cartage, Inc.; and Land-Marine Cargo, Inc.. ArcBest segment consist asset-light logistics operation, including MoLo, Panther, and certain other subsidiaries. FleetNet segment revenues consist of service fee revenue, roadside repair revenue, and routine maintenance services revenue. The ArcBest and FleetNet reportable segments, combined, represent its Asset-Light operations.
Executives
Janice E Stipp director 1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301
John Matthew Beasley officer: CFO and Treasurer(1) 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Kathleen D. Mcelligott director MCKESSON CORPORATION, 6555 NORTH STATE HWY 161, IRVING TX 75039
Anderson Dennis L Ii officer: Vice President - Strategy ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Craig E Philip director ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Steven Spinner director C/O UNITED NATURAL FOODS, INC., 260 LAKE ROAD, DAYVILLE CT 06241
Michael R Johns officer: VP - Gen Counsel & Corp Sec ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Judy R Mcreynolds officer: Vice President - Controller ARCBEST CORPORATION, PO BOX 10048, FORT SMITH AR 72917-0048
Michael E Newcity officer: Chief Financial Officer - VP ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Seth Runser officer: President of ABF Freight 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Erin K Gattis officer: VP - Human Resources ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Christopher A Adkins officer: VP - Yield & Management (1) 8401 MCCLURE DR., FORT SMITH AR 72916
Jason T Parks officer: VP - Controller (1) 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Salvatore A Abbate director 1000 ABERNATHY ROAD NE., BUILDING 400, SUITE 1700, ATLANTA GA 30328
Daniel E Loe officer: VP - Enterp Cust Sols (1) ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903