Pembroke VCT (LSE:PEMB) Momentum Rank : 3 (As of May. 25, 2024)

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What is Pembroke VCT Momentum Rank?

Pembroke VCT has the Momentum Rank of 3.

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 Pembroke VCT's Momentum Rank

For the Asset Management subindustry, Pembroke VCT'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.

Pembroke VCT's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pembroke VCT's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Pembroke VCT's Momentum Rank falls into.

Pembroke VCT Momentum Rank Related Terms

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Pembroke VCT (LSE:PEMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pembroke VCT PLC (LSE:PEMB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Cadogan Gate, London, GBR, SW1X 0AS

Website

https://www.pembrokevct.com

Pembroke VCT PLC is engaged in the financial service sector as an investment firm. It follows investing in a diversified portfolio of small, principally unquoted companies. The company is a generalist venture capital trust focused on private equity-style investments in the leisure and luxury brands sectors. It also invests in the health and fitness, apparel and accessories, media, and hospitality sectors.

Pembroke VCT (LSE:PEMB) Headlines

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