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ISM International (ISM International) Momentum Rank : 0 (As of May. 27, 2024)


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What is ISM International Momentum Rank?

ISM International 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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ISM International (ISM International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ISM International Inc (OTCPK:ISML) » Definitions » Momentum Rank
Comparable Companies
WAR:BIT XPAR:ALACT ASX:PPL XSAT:MPLUS ASX:XTD TSXV:MBO XCNQ:ADX WAR:SAR WAR:MMS XTAE:MTMY FRA:DCIK IST:SAYAS TSXV:ITM.H LOGX XPAR:ALTBG WAR:MRG SSE:3977 HKSE:08091 NSE:TOUCHWOOD ASX:EN1
Traded in Other Exchanges
N/A
Address
14100 US Highway 19N, Units 118 thru 144, Clearwater, FL, USA, 33764
Website
http://www.isml.us
ISM International Inc specializes in innovation, technology, and manufacturing organic products. The company also owns a Flea market and a small investment company. It distributes a series of Wi-Fi products and is involved in the development of new devices focusing on Clean, Green Energy.

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