StepStone Group Inc. Achieves High Momentum Rating

StepStone Group Inc. shines in a recent report, achieving an impressive 88% score with the Quantitative Momentum Investor model, indicating substantial growth potential and consistent performance, making it a stock of interest for investors.

Date: 11-09-2024

AI Rating: 7

StepStone Group Inc. (STEP) has rated highly based on the Quantitative Momentum Investor model, scoring 88%. This model indicates strong fundamentals and attractive valuation, suggesting a positive outlook for the stock.

The report highlights that a score of 80% or more shows that the strategy is interested in the stock, while 90% indicates strong interest. Thus, StepStone's score places it in a favorable position among comparable stocks.

Key tests from the strategy have been evaluated, and StepStone has passed all significant criteria:

Define the Universe: PASS
Twelve Minus One Momentum: PASS
Return Consistency: PASS
Seasonality: NEUTRAL

Passing these tests demonstrates a strong consistency in returns and an overall positive momentum that investors seek. The NEUTRAL rating for seasonality indicates there are no significant seasonal trends affecting the stock's performance.

Stocks: STEP