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Hagerty (Hagerty) Momentum Rank : 0 (As of May. 28, 2024)


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What is Hagerty Momentum Rank?

Hagerty has the Momentum Rank of 0.

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.


Hagerty Momentum Rank Related Terms

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Hagerty (Hagerty) Business Description

Traded in Other Exchanges
N/A
Address
121 Drivers Edge, Traverse, MI, USA, 49684
Hagerty Inc is a provider of specialty automotive insurance. It offers insurance for cars, boats, trucks, motorcycles, tractors, motorsports and others. Substantial revenue is derived from Commission and fees. Geographically it serves Europe, Canada and the United States.
Executives
Laurie Harris director C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BOULEVARD, BRIDGEWATER TOWNSHIP NJ 08807
Patrick Mcclymont officer: Chief Financial Officer 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Kenneth Ahn officer: President, Hagerty Marketplace C/O BRIMSTONE ACQUISITION HOLDINGS CORP., 500 SOUTH POINTE DRIVE, SUITE 240, MIAMI BEACH FL 33139
William H Swanson director 870 WINTER STREET, WALTHAM MA 02451
Kelly Edward Smith officer: Chief Strategy Officer 2310 W. THREE LAKES DR., MERIDIAN ID 83646
John Carlisle Butcher officer: President 18 THOMASINA LN., DARIEN CT 06820
Hagerty Holding Corp. 10 percent owner 121 DRIVERS EDGE, TRAVERSE CITY MI 49684
Mika Salmi director GSTEIGSTRASSE 17, ERLENBACH V8 8703
Mckeel Hagerty director, officer: Chief Executive Officer 175 WILSON RD., TRAVERSE CITY MI 49686
Frederick Turcotte officer: Chief Financial Officer 579 HIDDEN RIDGE DR., TRAVERSE CITY MI 49686
Champagne Collette officer: Chief Operating Officer 510 SIXTH ST., TRAVERSE CITY MI 49684
Barbara E Matthews officer: SVP, Gen. Counsel & Corp Secr. 323 GREEN ACRES LN., ELK RAPIDS MI 49629
Paul Rehrig officer: Pres. of Hagerty Media & Entmt 13821 W. 87TH DR., ARVADA CO 80005
Michael L. Tipsord director STATE FARM INSURANCE COMPANYS, 1 STATE FARM PLAZA, BLOOMINGTON IL 61710
Sabrina Kay director 30930 RUSSELL RANCH ROAD, SUITE 300, WESTLAKE VILLAGE CA 91362