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Salem Media Group (Salem Media Group) Momentum Rank : 1 (As of May. 02, 2024)


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What is Salem Media Group Momentum Rank?

Salem Media Group has the Momentum Rank of 1.

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 Salem Media Group's Momentum Rank

For the Broadcasting subindustry, Salem Media 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.


Salem Media Group's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Salem Media Group's Momentum Rank distribution charts can be found below:

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



Salem Media Group Momentum Rank Related Terms

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


Salem Media Group (Salem Media Group) Business Description

Traded in Other Exchanges
Address
6400 North Belt Line Road, Irving, TX, USA, 75063
Salem Media Group Inc is a domestic multimedia company with integrated operations including radio broadcasting, digital media, and publishing. The company has three operating segments, Broadcast, Digital Media, and Publishing. Digital media-based businesses provide Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web.
Executives
Jacki L Pick director 6400 N BELT LINE ROAD, IRVING TX 75063
Eugene Allen Power officer: President Broadcast Media 6400 NORTH BELT LINE ROAD, IRVING TX 75063
Epperson 2022 Gst Trust 10 percent owner 3780 WILL SCARLET ROAD, WINSTON SALEM NC 27104
Epperson Stuart W. Jr. director, 10 percent owner 4880 SANTA ROSA RD., CAMARILLO CA 93012
Stuart W Epperson 10 percent owner 3780 WILL SCARLET RD, WINSTON SALEM NC 27104
Evan D Masyr officer: V.P. and Corporate Controller 4880 SANTA ROSA ROAD, STE 300, CAMARILLO CA 93012
David P Santrella officer: President - Broadcast Media 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Christopher J Henderson officer: SVP, General Counsel & Secy 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
David Evans officer: Senior Vice President and CFO 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Atsinger Edward G Iii director, 10 percent owner, officer: CEO and President 4880 SANTA ROSA RD, CAMARILLO CA 93012
Heather W Grizzle director 4880 SANTA ROSA ROAD, CAMARILLO CA 93010
James Keet Lewis director 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Edward C. Atsinger director 6400 NORTH BELT LINE ROAD, IRVING TX 75063
Jonathan Venverloh director 4880 SANTA ROSA ROAD, CAMARILLO CA 93012
Eric H Halvorson director 4880 SANTA ROSA RD, CAMARILLO CA 93012