Consolidated Communications Holdings (FRA:C8C) Momentum Rank : 7 (As of May. 06, 2024)

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What is Consolidated Communications Holdings Momentum Rank?

Consolidated Communications Holdings has the Momentum Rank of 7.

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 Consolidated Communications Holdings's Momentum Rank

For the Telecom Services subindustry, Consolidated Communications 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.

Consolidated Communications Holdings's Momentum Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Consolidated Communications Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Consolidated Communications Holdings's Momentum Rank falls into.

Consolidated Communications Holdings Momentum Rank Related Terms

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Consolidated Communications Holdings (FRA:C8C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Consolidated Communications Holdings Inc (FRA:C8C) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CNSL:USA

Address

2116 South 17th Street, Mattoon, IL, USA, 61938-5973

Website

https://www.consolidated.com

Consolidated Communications Holdings Inc provides communication services for business and residential customers across various states in the U.S. Its business product suite includes data and Internet solutions, voice, data center services, security services, managed and IT services, and an expanded suite of cloud services. It provides wholesale solutions to wireless and wireline carriers and other service providers including data, voice, network connections, and custom fiber builds and last-mile connections. It offers residential high-speed Internet, video, phone, and home security services as well as multi-service residential and small business bundles.

Consolidated Communications Holdings (FRA:C8C) Headlines

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