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OppFi (OPFI) Momentum Rank : 0 (As of Apr. 27, 2024)


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What is OppFi Momentum Rank?

OppFi has the Momentum Rank of 0.

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.


OppFi Momentum Rank Related Terms

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OppFi (OPFI) Business Description

Traded in Other Exchanges
N/A
Address
130 East Randolph Street, Suite 3400, Chicago, IL, USA, 60601
OppFi Inc is a financial technology platform that powers banks to help the everyday consumer gain access to credit with digital specialty finance products.
Executives
Christopher J. Mckay officer: Chief Risk & Analytics Officer 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Pamela D. Johnson officer: Chief Accounting Officer 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Jocelyn Moore director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Todd G. Schwartz director, 10 percent owner 105 S. MAPLE STREET, ITASCA IL 60143
Theodore G Schwartz director, 10 percent owner C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
David Vennettilli director 105 S. MAPLE STREET, ITASCA IL 60143
Blackstone Aqua Master Sub-fund, A Sub-fund Of Blackstone Global Master Fund Icav 10 percent owner 345 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Alternative Solutions L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE., NEW YORK NY 10154
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Blackstone Group Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Christina M Favilla director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Neville Crawley officer: President 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601