One Media iP Group (LSE:OMIP) Momentum Rank : 0 (As of Jun. 10, 2024)

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What is One Media iP Group Momentum Rank?

One Media iP Group 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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One Media iP Group (LSE:OMIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » One Media iP Group PLC (LSE:OMIP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

OMIP.GB:UK

Address

Goldfinger Avenue, Pinewood Road, Pinewood Studios, 623 East Props Building, Iver Heath, Buckinghamshire, GBR, SL0 0NH

Website

https://www.omip.co.uk

One Media iP Group PLC is a B2B and B2C digital content supplier. It acquires, exploits and repackages media intellectual property rights, nostalgic music and TV programs from recordings made over the last 90 years. The company operates an office at Pinewood studio and delivers digital music and video content via online digital stores such as iTunes, Spotify, Amazon, and YouTube. Geographical presence in North America, United Kingdom, Europe, and Rest of world. The group also licenses its music content for use in TV and film, advertising, video games, and corporate websites.

One Media iP Group (LSE:OMIP) Headlines

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