Interspace Co (TSE:2122) Momentum Rank : 2 (As of May. 22, 2024)

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What is Interspace Co Momentum Rank?

Interspace Co has the Momentum Rank of 2.

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 Interspace Co's Momentum Rank

For the Advertising Agencies subindustry, Interspace Co'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.

Interspace Co's Momentum Rank Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Interspace Co's Momentum Rank falls into.

Interspace Co Momentum Rank Related Terms

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Interspace Co (TSE:2122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Interspace Co Ltd (TSE:2122) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-1 Nishishinjuku, 8th Floor Shinjuku NS Building, Shinjuku-ku, Tokyo, JPN, 163-0808

Website

http://www.interspace.ne.jp

Interspace Co Ltd is engaged in Internet-based business. The company offers Internet marketing solutions through affiliate program services. The company operates online media contents in fortune-telling, professional baseball player's fun site, and child caring site for young mothers; and offers search engine optimization services. The company also operates a price comparison website. The company also provides consulting services for Merchant and partners.

Interspace Co (TSE:2122) Headlines

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