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Textura (Textura) Momentum Rank : 0 (As of May. 05, 2024)


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What is Textura Momentum Rank?

Textura 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.


Textura Momentum Rank Related Terms

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Textura (Textura) Business Description

Traded in Other Exchanges
N/A
Address
Textura Corp was founded in 2004 and incorporated in Delaware in 2007. The Company provides on-demand business collaboration software solutions to the commercial construction industry. Its solutions are focused on facilitating collaboration between owners/developers, general contractors and subcontractors. The Company's solutions increases efficiency, enables better risk management, and provides improved visibility and control of construction activities for its clients. In addition, it offers PlanSwift, a take-off and estimating solution used in preparing construction bids, and Contractor Default Claims Management, which supports the process of documenting a subcontractor default insurance claim. Its revenue is derived mainly from fees driven by construction project activity, monthly fees and subscription fees. The Company directly engages with the client to sells its solutions. It offers solutions including Construction Payment Management (CPM), Pre-Qualification Management (PQM), GradeBeam.com, and Submittal Exchange. It faces competition from companies including JD Edwards Enterprise One, Oracle, SAP, Meridian Systems, Newforma, Procore Technologies, iSqFt and SmartBidNet.
Executives
Gregory J Besio director C/O AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601
Northwater Capital Management Inc. 10 percent owner, other: Director by deputization*** 181 BAY STREET, SUITE 4700, TORONTO A6 M5J2T3
Northwater Capital Inc. 10 percent owner, other: Director by deputization*** 181 BAY STREET, SUITE 4700, TORONTO A6 M5J2T3
Peter Pace director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
David C Habiger director, officer: Chief Executive Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Robert Paul Wayman director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Northwater Intellectual Property Fund Lp 1 10 percent owner C/O NORTHWATER CAPITAL MGMT INC, SUITE 4700 BCE PLACE 181BAY ST, TORONTO A6 00000

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