ACV Auctions (ACV Auctions) Momentum Rank : 10 (As of May. 02, 2024)

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What is ACV Auctions Momentum Rank?

ACV Auctions has the Momentum Rank of 10.

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 ACV Auctions's Momentum Rank

For the Auto & Truck Dealerships subindustry, ACV Auctions'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.

ACV Auctions's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ACV Auctions's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ACV Auctions's Momentum Rank falls into.

ACV Auctions Momentum Rank Related Terms

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

ACV Auctions (ACV Auctions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ACV Auctions Inc (NAS:ACVA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

640 Ellicott Street, Suite 321, Buffalo, NY, USA, 14203

Website

https://www.acvauctions.com

ACV Auctions Inc is a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers.

Executives

William Zerella	officer: Chief Financial Officer	C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Michael Waterman	officer: Chief Sales Officer	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Craig Eric Anderson	officer: CCDSO and Chief Legal Officer	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
George Chamoun	director, officer: Chief Executive Officer	C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Bessemer Venture Partners Ix L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Vikas Mehta	officer: Chief Operating Officer	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Kirsten Castillo	director	5 GREAT VALLEY PARKWAY, SUITE 160, MALVERN PA 19355
Brian Hirsch	director	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Eileen A Kamerick	director	200 NORTH ADAMS STREET, GREEN BAY WI 54301
Robert P Goodman	director	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Leanne Fitzgerald	officer: Chief Legal Officer	1 WAYSIDE ROAD, BURLINGTON MA 01803
Bessemer Venture Partners Ix Institutional L.p.	10 percent owner	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Ix & Co. L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Ix & Co. Ltd.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
15 Angels Iii Llc	10 percent owner	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538