Norman Broadbent (LSE:NBB) Momentum Rank : 0 (As of Jun. 02, 2024)

View and export this data going back to 2000. Start your Free Trial

What is Norman Broadbent Momentum Rank?

Norman Broadbent 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.

Norman Broadbent Momentum Rank Related Terms

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

Norman Broadbent (LSE:NBB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Norman Broadbent PLC (LSE:NBB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

21-24 Millbank, Millbank Tower, London, GBR, SW1P 4QP

Website

https://www.normanbroadbent.com

Norman Broadbent PLC is a UK-based company engaged in providing talent acquisition and advisory services. It offers Board and Leadership/Executive Search, Senior Interim Management, Research and Insight, Leadership Consulting and Assessment, and executive-level Recruitment Solutions. Its class of business includes NBES, NBLC, NBS, and NBIM. Geographically, it derives a majority of its revenue from the United Kingdom.

Norman Broadbent (LSE:NBB) Headlines

From GuruFocus

Two Nuveen Closed-End Funds Declare Distributions

By Business Wire • 12-15-2023

Nuveen Taxable Municipal Income Fund's Dividend Analysis

By GuruFocus Research • 12-25-2023