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Learning Tree International (FRA:LT2) Momentum Rank : 0 (As of May. 21, 2024)


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What is Learning Tree International Momentum Rank?

Learning Tree International 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.

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Learning Tree International (FRA:LT2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Learning Tree International Inc (FRA:LT2) » Definitions » Momentum Rank
Comparable Companies
XKLS:0107 XKLS:0117 XBRU:UNI BOM:532339 SGX:BOU HKSE:08417 HKSE:08160 LSE:MLVN MIL:ABTG ASX:8VI LSE:OBOR ASX:SGU BOM:539682 WAFU BOM:533540 TSXV:BTRU XKLS:5194 NSE:KEERTI BOM:508918 ASX:SF1
Traded in Other Exchanges
N/A
Address
13650 Dulles Technology Drive, Suite 400, Herndon, VA, USA, 20171
Website
http://www.learningtree.com
Learning Tree International Inc provides education and training in information technology. Its proprietary library of course titles focuses on client-server systems, computer networks, operating systems, databases, programming, graphical user interfaces, object-oriented technology, and IT management. Its courses are offered in hotels, conference facilities, and customer sites.

Learning Tree International (FRA:LT2) Headlines

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