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RFsemi Technologies (XKRX:096610) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is RFsemi Technologies Momentum Rank?

RFsemi Technologies 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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RFsemi Technologies (XKRX:096610) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » RFsemi Technologies Inc (XKRX:096610) » Definitions » Momentum Rank
Comparable Companies
XKRX:066310 XKRX:417840 XKRX:065130 XKRX:271830 XKRX:071280 XKRX:241770 XKRX:217500 XKRX:033170 XKRX:141000 XKRX:187870 XAMS:ASML AMAT LRCX KLAC TSE:8035 SHSE:601012 XAMS:ASM TSE:6146 TSE:6857 SZSE:002371
Traded in Other Exchanges
N/A
Address
52, Dunsan-ro, 302-869, Micacle Building, 11th Floor, Seo-gu, Daejeon, KOR
Website
http://www.rfsemi.co.kr
RFsemi Technologies Inc is engaged in developing, manufacturing and selling semiconductor devices in South Korea and internationally. Its products include ECM transistors/IC chips, MEMS microphones, ECM modules, transient voltage suppressor diodes, Zener diodes, and Schottky barrier diodes. The company also offers LED lights, such as the bulb, down, panel, spot, candle, tube, linear, high bay, ceiling, room, and street lights; and LED modules for high bay, panel and bulb type, street, downlight, and floodlights.

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