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Alternative Investment (Alternative Investment) Momentum Rank : 0 (As of Jun. 05, 2024)


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What is Alternative Investment Momentum Rank?

Alternative Investment 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.

Alternative Investment Momentum Rank Related Terms

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Alternative Investment (Alternative Investment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Alternative Investment Corp (OTCPK:AIKO) » Definitions » Momentum Rank
Comparable Companies
TWGL ITDN FCIC PVEG ALDA ECMT USBL TKCI RMDM STQN TJBH CCXX CCX FPAC VTIQ FEAC SPAQ CCH CPAA LSE:EVRA
Traded in Other Exchanges
N/A
Address
408 Boonesville Bend, Argyle, TX, USA, 76226
Website
http://www.aikocapital.com
Alternative Investment Corp is a shell company.
Executives
Unerkov Con other: No position PO BOX 1171, NORTH ADELAIDE SA C3 5006
Bin He other: no position RM 1001, NO.10 BUILDING, YUMIN VILLAGE HEPING ROAD, LUOHU DISTRICT SHENZHEN F4 0000
Ning He director, officer: Secretary ROOM 1001, NO.10 BUILDING, YUMIN VILLAGE HEPING ROAD, LUOHU DISTRICT SHENZHEN F4 0000000

Alternative Investment (Alternative Investment) Headlines

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