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Total Telcom (Total Telcom) Momentum Rank : 1 (As of May. 15, 2024)


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What is Total Telcom Momentum Rank?

Total Telcom has the Momentum Rank of 1.

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 Total Telcom's Momentum Rank

For the Communication Equipment subindustry, Total Telcom'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.


Total Telcom's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Total Telcom's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Total Telcom's Momentum Rank falls into.



Total Telcom Momentum Rank Related Terms

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Total Telcom (Total Telcom) Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 540, Kelowna, BC, CAN, V1Y 7T2
Total Telcom Inc along with its subsidiaries is engaged in the development and sale of remote asset monitoring and tracking products and services. Geographically, the company derives a majority of revenue from the United States and also has a presence in Canada, and other countries.

Total Telcom (Total Telcom) Headlines

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