TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Momentum Rank : 5 (As of May. 23, 2024)

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What is TriplePoint Venture Growth BDC Momentum Rank?

TriplePoint Venture Growth BDC has the Momentum Rank of 5.

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 TriplePoint Venture Growth BDC's Momentum Rank

For the Asset Management subindustry, TriplePoint Venture Growth BDC'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.

TriplePoint Venture Growth BDC's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TriplePoint Venture Growth BDC's Momentum Rank distribution charts can be found below:

* The bar in red indicates where TriplePoint Venture Growth BDC's Momentum Rank falls into.

TriplePoint Venture Growth BDC Momentum Rank Related Terms

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TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TriplePoint Venture Growth BDC Corp (NYSE:TPVG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

6JS:Germany 6JS:Germany

Address

2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025

Website

https://www.tpvg.com

TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the US.

Executives

Cynthia M. Fornelli	director	2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Katherine J Park	director	2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Kimberley H Vogel	director	63 CONSTITUTION DRIVE, CHICO CA 95973
Christopher M. Mathieu	officer: Chief Financial Officer	312 FARMINGTON AVENUE, FARMINGTON CT 06032
Stephen Cassani	director	700 EMERSON STREET, PALO ALTO CA 94301
Gilbert Ahye	director	200 VESEY ST, NEW YORK NY 10285
Christopher Gastelu	officer: See Remarks	920 WOODLAND AVENUE, ORADELL NJ 07649
James Labe	director, officer: Chief Executive Officer	2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Sajal Srivastava	director, officer: See Remarks	2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Steven Bird	director	525 UNIVERSITY AVE, SUITE 225, PALO ALTO CA 94301
Andrew Olson	officer: Chief Financial Officer	C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Harold F Zagunis	officer: Chief Financial Officer	ONE BELVEDERE, SUITE 300, MILL VALLEY CA 94941
Boathouse Row Ii L P	10 percent owner	450 SANSOME STREET, SUITE 1500, SAN FRAN CA 94111
Philadelphia Financial Management Of San Francisco, Llc	10 percent owner	450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111
Boathouse Row I, L.p.	10 percent owner	450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111