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ICTV Brands (ICTV Brands) Momentum Rank : 0 (As of May. 15, 2024)


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What is ICTV Brands Momentum Rank?

ICTV Brands 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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ICTV Brands (ICTV Brands) Business Description

Traded in Other Exchanges
N/A
Address
489 Devon Park Drive, Suite 306, Wayne, PA, USA, 19087
ICTV Brands Inc is part of the retail industry. It sells various health, wellness and beauty products, as well as miscellaneous consumer products through a range of sales channels. Its channels include direct response television, or DRTV, digital marketing campaigns, live home shopping, traditional retail and e-commerce marketplaces. It develops, markets and sells products through a multi-channel distribution strategy, including DRTV, digital marketing campaigns, which accounts for most of its revenue.

ICTV Brands (ICTV Brands) Headlines

From GuruFocus

ICTV Brands, Inc. Appoints Douglas Crouthers as President

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ICTV Brands Reports 2Q18 Financial Results

By Marketwired Marketwired 08-23-2018

ICTV Brands, Inc. Appoints Douglas Crouthers as President

By Marketwired Marketwired 06-27-2018

ICTV Brands Reports 1Q18 Financial Results

By Marketwired Marketwired 07-11-2018