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Cboe Global Markets (Cboe Global Markets) Momentum Rank : 9 (As of May. 02, 2024)


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What is Cboe Global Markets Momentum Rank?

Cboe Global Markets has the Momentum Rank of 9.

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 Cboe Global Markets's Momentum Rank

For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets'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.


Cboe Global Markets's Momentum Rank Distribution in the Capital Markets Industry

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

* The bar in red indicates where Cboe Global Markets's Momentum Rank falls into.



Cboe Global Markets Momentum Rank Related Terms

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


Cboe Global Markets (Cboe Global Markets) Business Description

Traded in Other Exchanges
Address
433 West Van Buren Street, Chicago, IL, USA, 60607
Cboe Global Markets, Inc is a provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The Company is committed to operating a trusted, inclusive global marketplace, and to providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across North America, Europe, and Asia Pacific.
Executives
Christopher A Isaacson officer: EVP, CIO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Catherine R Clay officer: EVP, Data and Access Solutions 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Stephanie Foley officer: EVP, CHRO 433 W. VAN BUREN ST., CHICAGO IL 60607
Adam Inzirillo officer: EVP, DATA AND ACCESS SOLUTIONS 433 W. VAN BUREN ST., CHICAGO IL 60607
Dave Howson officer: President, Europe 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jill R Goodman director 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Edward T Tilly officer: Executive Vice Chairman 433 W. VAN BUREN STREET, CHICAGO IL 60607
John P Sexton officer: EVP, GC and Corp Sec 433 W. VAN BUREN STREET, CHICAGO IL 60607
Joseph P Ratterman director C/O LABONE, INC., 10101 RENNER BOULEVARD, LENEXA KS 66219
Brian N Schell officer: Executive VP, CFO & Treasurer 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jill Griebenow officer: SVP, CAO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Ivan K Fong director 3M CENTER, ST. PAUL MN 55144-1000
Janet P Froetscher director CBOE GLOBAL MARKETS, 433 W. VAN BUREN ST., CHICAGO IL 60607
Michael L Richter director 8050 MARSHALL DRIVE, SUITE 120, LENEXA KS 66214
Eric S Crampton officer: Executive VP, CTO 400 SOUTH LASALLE STREET, CHICAGO IL 60605