GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ABM Industries Inc (NYSE:ABM) » Definitions » Momentum Rank

ABM Industries (ABM Industries) Momentum Rank

: 5 (As of Today)
View and export this data going back to 1984. Start your Free Trial

ABM Industries 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

For the Specialty Business Services subindustry, ABM Industries'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.


ABM Industries Momentum Rank Distribution

For the Business Services industry and Industrials sector, ABM Industries's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ABM Industries's Momentum Rank falls into.



ABM Industries Momentum Rank Related Terms

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


ABM Industries (ABM Industries) Business Description

Traded in Other Exchanges
Address
One Liberty Plaza, 7th Floor, New York, NY, USA, 10006
ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.
Executives
Rene Jacobsen officer: Pres - Business & Industry 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Andrea R Newborn officer: EVP/GEN. COUNSEL/CORP. SECTY. ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Scott B Salmirs officer: Executive Vice President 551 FIFTH AVE, SUITE 300, NEW YORK NY 10176
Dean A Chin officer: SVP - Chief Accounting Officer 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
James David Devries director ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Joshua H Feinberg officer: Executive Vice President ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Raul Javier Valentin officer: EVP and CHRO ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Linda Chavez director
Art A Garcia director 11690 N.W. 105TH STREET, MIAMI FL 33178
Quincy L Allen director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Earl Ray Ellis officer: EVP & Chief Financial Officer ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Sean Michael Mahoney officer: EVP, President-Sales & Mktng ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Scott J Giacobbe officer: Pres - Building & Energy 551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Diego Anthony Scaglione officer: SVP/Treasurer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087