BMTC Group (TSX:GBT) Momentum Rank : 5 (As of May. 13, 2024)

View and export this data going back to 1999. Start your Free Trial

What is BMTC Group Momentum Rank?

BMTC Group 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 BMTC Group's Momentum Rank

For the Specialty Retail subindustry, BMTC 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.

BMTC Group's Momentum Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BMTC Group's Momentum Rank distribution charts can be found below:

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

BMTC Group Momentum Rank Related Terms

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

BMTC Group (TSX:GBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » BMTC Group Inc (TSX:GBT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

8500, Place Marien, Montreal-East, QC, CAN, H1B 5W8

Website

https://www.bmtc.ca

BMTC Group Inc is a holding company. The company through its subsidiaries manages and operates furniture and household and electronic appliance retail sales networks in Quebec. It manages and operates a retail network of furniture. The Company considers its retail activities as a single operating segment.