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The Goldmanchs Group (The Goldmanchs Group) Momentum Rank : 10 (As of Apr. 26, 2024)


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What is The Goldmanchs Group Momentum Rank?

The Goldmanchs Group 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 The Goldmanchs Group's Momentum Rank

For the Capital Markets subindustry, The Goldmanchs 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.


The Goldmanchs Group's Momentum Rank Distribution in the Capital Markets Industry

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

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



The Goldmanchs Group Momentum Rank Related Terms

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The Goldmanchs Group (The Goldmanchs Group) Business Description

Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
Executives
Brian J Lee officer: Principal Accounting Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Ericka T Leslie officer: Chief Administrative Officer 200 WEST STREET, NEW YORK NY 10282
David M Solomon officer: President and Co-COO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Thomas K. Montag director C/O MERRILL LYNCH & CO., INC., 4 WORLD FINANCIAL CENTER, NEW YORK NY 10038
Philip R. Berlinski officer: Global Treasurer 200 WEST STREET, NEW YORK NY 10282
Kathryn H. Ruemmler officer: EVP, Chief Legal Officer, GC 200 WEST STREET, NEW YORK NY 10282
John E. Waldron officer: President and COO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Kevin R Johnson director 2401 UTAH AVE. S, SUITE 800, SEATTLE WA 98134
Laurence Stein officer: Chief Administrative Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Mark A. Flaherty director C/O GOLDMAN, SACHS & CO., 200 WEST STREET, NEW YORK NY 10282
Denis P. Coleman officer: Chief Financial Officer 200 WEST STREET, NEW YORK NY 10282
Stephen M Scherr officer: Executive Vice President - CFO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
David A Viniar officer: Executive VP - CFO C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282
Jessica R. Uhl director 200 WEST STREET, NEW YORK NY 10282
Kimberley D. Harris director 200 WEST STREET, NEW YORK NY 10282