AS-IP Tech (AS-IP Tech) Momentum Rank : 0 (As of May. 27, 2024)

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What is AS-IP Tech Momentum Rank?

AS-IP Tech 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.

AS-IP Tech Momentum Rank Related Terms

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AS-IP Tech (AS-IP Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AS-IP Tech Inc (OTCPK:IPTK) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/15 Castles Drive, Torquay, VIC, AUS, 3228

Website

https://www.asiptech.com

AS-IP Tech Inc is engaged in creating in-flight connectivity systems that utilize Bluetooth Smart technology as a low-cost alternative to the traditionally expensive Wi-Fi platform. The company's technology consists of two products BizjetMobile and fflya. BizjetMobile provides corporate jets with an alternative global inflight connectivity solution and is marketed under the brand names CHiiMP and BizjetInternet. These are mobile apps that deliver optimized inflight text and email for passengers and crew; and fflya provides airlines with an inflight connectivity approach based on the latest mobile app technology, narrowband satellite links, and BlueTooth technology. The fflya platform reduces the installation, certification and equipment costs by up to 90% compared to inflight broadband.

Executives

Richard Lukso	director	5610 VIA ARBOLADA, TUCSON AZ 85750
Philip Andrew Shiels	director, officer: Chief Financial Officer	88 ELGIN STREET, HAWTHORN C3 3122
Ronald John Chapman	director, 10 percent owner, officer: Chief Executive Officer	160 SILVAN ROAD, WATTLE GLEN C3 3096
Graham Owen Chappell	director	5 MARINE PARADE, STE 2, ST KILDA, VICTORIA C3 3182
Van Der Griend Eric Paul	10 percent owner	100 BARKLY STREET, ST. KILDA C3 3182

AS-IP Tech (AS-IP Tech) Headlines

From GuruFocus

ASIP Tech announces new STC for fflya.

By PRNewswire PRNewswire • 05-08-2023

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire • 06-23-2022

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire • 07-03-2022

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire • 06-03-2022

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire • 07-13-2022

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire • 06-13-2022

AS-IP Tech, Inc. Makes Aviation History

By PRNewswire PRNewswire • 11-30-2021