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Driven Brands Holdings (Driven Brands Holdings) Momentum Rank : 5 (As of May. 04, 2024)


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What is Driven Brands Holdings Momentum Rank?

Driven Brands Holdings 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 Driven Brands Holdings's Momentum Rank

For the Auto & Truck Dealerships subindustry, Driven Brands 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.


Driven Brands Holdings's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Driven Brands Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Driven Brands Holdings's Momentum Rank falls into.



Driven Brands Holdings Momentum Rank Related Terms

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Driven Brands Holdings (Driven Brands Holdings) Business Description

Traded in Other Exchanges
N/A
Address
440 South Church Street, Suite 700, Charlotte, NC, USA, 28202
Driven Brands Holdings Inc is an automotive services company. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.
Executives
Jonathan G. Fitzpatrick director, officer: President & CEO 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Gary W Ferrera officer: EVP, Chief Financial Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Muhammad Khalid officer: EVP, Seg. Pres. - Maintenance 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Rc Iv Cayman Icw Holdings Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Neal K Aronson director, 10 percent owner, other: See Remarks 1180 PEACHTREE STREET NE., SUITE 2500, ATLANTA GA 30309
Driven Equity Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Michael G. Macaluso officer: EVP & Grp Pres-Pt., Coll & Gl. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Jose D. Tomas director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Driven Equity Sub Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Rc Iv Cayman Icw Holdings Sub Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Roark Capital Partners Iii Aiv Lp 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Daniel R. Rivera officer: EVP & Group President, Maint. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
John R. Teddy officer: EVP & President, Car Wash N.A. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Karen B. Stroup director 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Michael Beland officer: SVP & Chief Accounting Officer 440 S. CHURCH ST., SUITE 700, CHARLOTTE NC 28202

Driven Brands Holdings (Driven Brands Holdings) Headlines

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