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American Picture House (American Picture House) Momentum Rank : 7 (As of May. 11, 2024)


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What is American Picture House Momentum Rank?

American Picture House has the Momentum Rank of 7.

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 American Picture House's Momentum Rank

For the Entertainment subindustry, American Picture House'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.


American Picture House's Momentum Rank Distribution in the Media - Diversified Industry

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

* The bar in red indicates where American Picture House's Momentum Rank falls into.



American Picture House Momentum Rank Related Terms

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American Picture House (American Picture House) Business Description

Traded in Other Exchanges
N/A
Address
555 Madison Avenue 5 FL, New York, NY, USA, 10022
American Picture House Corp is an entertainment company that develops, options, and licenses intellectual properties related to the entertainment industry to produce commercially viable content for distribution to the market and also provides to customers that develop options, and license IP in the entertainment industry and in other industries consulting services. It develops options and licenses intellectual properties for commercialization and distribution, including the right to finance and co-produce feature films and limited series shows.

American Picture House (American Picture House) Headlines

From GuruFocus

American Picture House Corporate Update

By Marketwired 09-06-2023