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The Hackett Group (The Hackett Group) Momentum Rank : 8 (As of May. 16, 2024)


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What is The Hackett Group Momentum Rank?

The Hackett Group 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 The Hackett Group's Momentum Rank

For the Information Technology Services subindustry, The Hackett Group'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.


The Hackett Group's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, The Hackett Group's Momentum Rank distribution charts can be found below:

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



The Hackett Group Momentum Rank Related Terms

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The Hackett Group (The Hackett Group) Business Description

Traded in Other Exchanges
Address
1001 Brickell Bay Drive, Suite 3000, 30th Floor, Miami, FL, USA, 33131
The Hackett Group Inc is an advisory firm. The company's offerings include executive advisory programs, benchmarking, executive advisory, business transformation, and cloud enterprise application implementation. The company's executive and practices advisory programs offer performance metrics, peer-learning opportunities, and practice implementation practices. Benchmarking services help organizations measure and assess internal efficiency and effectiveness. The business transformation programs help customers develop strategies to improve performance. The company's technology advisory services help clients improve decision-making capabilities and deploy software applications. The Hackett Group generates the majority of its revenue in the United States.
Executives
Wix Alan T G director
Bofill Maria De Los Angeles director 15550 SW 54 STREET, MIAMI FL 33185-4144
Robert A Rivero director 1001 BRICKELL BAY DRIVE, SUITE 3000, MIAMI FL 33131
Richard N Hamlin director 1001 BRICKELL BAY DRIVE, STE 3000, MIAMI FL 33131
John R Harris director 2201 CEDEAR SPRINGS RD, SUITE 701, DALLAS TX 75201
Ted A Fernandez director, officer: Chairman and CEO
Roberto A Ramirez, officer: Chief Financial Officer ANSWERTHINK, INC., 1001 BRICKELL DRIVE, SUITE 3000, MIAMI FL 33131
David N Dungan director, officer: Vice Chairman and COO
Edwin A Huston director UNISYS CORP, UNISYS WAY, BLUE BELL PA 19424-0001
Terence M Graunke director, 10 percent owner 676 N. MICHIGAN AVENUE, SUITE 3900, CHICAGO IL 60611
Paul G Yovovich 10 percent owner 676 NORTH MICHIGAN AVENUE, SUITE 3900, CHICAGO IL 60611
Lake Capital Partners Lp 10 percent owner 676 N. MICHIGAN AVENUE, SUITE 3900, CHICAGO IL 60611
Archstone Holdings Llc 10 percent owner
Lake Capital Investment Partners Lp 10 percent owner 676 N. MICHIGAN AVENUE, SUITE 3900, CHICAGO IL 60611
Archstone Intermediate Holdings Llc 10 percent owner 676 North Michigan Avenue, Suite 3900, Chicago IL 60611