Flow Capital (TSXV:FW) Momentum Rank : 2 (As of Jun. 05, 2024)

View and export this data going back to 1935. Start your Free Trial

What is Flow Capital Momentum Rank?

Flow Capital has the Momentum Rank of 2.

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 Flow Capital's Momentum Rank

For the Asset Management subindustry, Flow Capital'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.

Flow Capital's Momentum Rank Distribution in the Asset Management Industry

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

* The bar in red indicates where Flow Capital's Momentum Rank falls into.

Flow Capital Momentum Rank Related Terms

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

Flow Capital (TSXV:FW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flow Capital Corp (TSXV:FW) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AHFCF:USA

Address

1 Adelaide Street East, Suite 3002, P.O. Box 171, Dynamic Funds Tower, Toronto, ON, CAN, M5C 2V9

Website

http://www.flowcap.com

Flow Capital Corp provides founder-friendly growth capital for emerging and high-growth companies in North America and beyond. Through venture debt and revenue-based financing, founders and entrepreneurs are able to access minimally-dilutive capital to help scale their businesses. Geographically, it derives a majority of its revenue from the United States.

Executives

Vernon Lobo

Director

Flow Capital (TSXV:FW) Headlines

No Headlines