Staffing 360 Solutions (STU:28S) Momentum Rank : 3 (As of May. 23, 2024)

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What is Staffing 360 Solutions Momentum Rank?

Staffing 360 Solutions 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 Staffing 360 Solutions's Momentum Rank

For the Staffing & Employment Services subindustry, Staffing 360 Solutions'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.

Staffing 360 Solutions's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Staffing 360 Solutions's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Staffing 360 Solutions's Momentum Rank falls into.

Staffing 360 Solutions Momentum Rank Related Terms

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Staffing 360 Solutions (STU:28S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Staffing 360 Solutions Inc (STU:28S) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

STAF:USA

Address

757 3rd Avenue, 27th Floor, New York, NY, USA, 10017

Website

https://www.staffing360solutions.com

Staffing 360 Solutions, Inc. is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and the UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space.

Staffing 360 Solutions (STU:28S) Headlines

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