Interactive Brokers Group (STU:KY6) Momentum Rank : 6 (As of May. 19, 2024)

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What is Interactive Brokers Group Momentum Rank?

Interactive Brokers Group has the Momentum Rank of 6.

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 Interactive Brokers Group's Momentum Rank

For the Capital Markets subindustry, Interactive Brokers 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.

Interactive Brokers Group's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Interactive Brokers Group's Momentum Rank distribution charts can be found below:

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

Interactive Brokers Group Momentum Rank Related Terms

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Interactive Brokers Group (STU:KY6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Interactive Brokers Group Inc (STU:KY6) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

IBKR:USA IBKR:Mexico

Address

One Pickwick Plaza, Greenwich, CT, USA, 06830

Website

https://www.interactivebrokers.com

Interactive Brokers is an online brokerage that generates trading commissions (around 43% of net revenue) from facilitating trading in a wide range of products, including equity, options, futures, foreign exchange, bonds, mutual funds, and ETFs. Interactive Brokers also generates net interest income (about 54% of net revenue) from idle client cash and earns fees (about 6% of net revenue) from ancillary services. Principal trading and other miscellaneous activities are small (about negative 3% of net revenue). The firm derives about 70% of its net revenue from the U.S. and 30% from international markets.

Interactive Brokers Group (STU:KY6) Headlines

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