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ReposiTrak (ReposiTrak) Momentum Rank : 3 (As of May. 15, 2024)


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What is ReposiTrak Momentum Rank?

ReposiTrak has the Momentum Rank of 3.

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 ReposiTrak's Momentum Rank

For the Software - Application subindustry, ReposiTrak'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.


ReposiTrak's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, ReposiTrak's Momentum Rank distribution charts can be found below:

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



ReposiTrak Momentum Rank Related Terms

Thank you for viewing the detailed overview of ReposiTrak's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


ReposiTrak (ReposiTrak) Business Description

Traded in Other Exchanges
Address
5282 South Commerce Drive, Suite D292, Murray, UT, USA, 84107
ReposiTrak Inc is a software as a service provider with extensive capabilities that gives their customers an easy, cost-efficient way to expand their services to their benefit. The company and its subsidiaries develop, market, and support proprietary software products. These products assist the management of business operations, which helps clients to make more informed decisions. The company also provides a cloud-based solution to remain in compliance with business records and regulatory requirements. The firm's services comprise implementation, business optimization, outsourcing, technical services, education, and application hosting.
Executives
Peter J. Larkin director C/O PARK CITY GROUP, INC., 5282 S COMMERCE DR D292, MURRAY UT 84107
Randall K Fields director, 10 percent owner, officer: CEO 3160 PINEBROOK ROAD, PARK CITY UT 84098
Noll Austin F. Jr. director 32 HEATHER LANE, RANDOLPH NJ 07869
Ronald C Hodge director HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
William S. Kies director 3160 PINEBROOK RD, PARK CITY UT 84098
Richard Juliano director 3044 OLDE COVE WAY, NAPLES FL 34119
Todd T Mitchell officer: CFO 299 S. MAIN STREET, STE.2370, SALT LAKE CITY UT 84111
James R Gillis director
Edward Clissold officer: CFO, Gen Counsel, Secretary 3160 PINEBROOK RD, PARK CITY UT 84098
David Colbert officer: CHIEF FINANCIAL OFFICER 3160 PINEBROOK RD, PARK CITY UT 84098
Robert Paul Hermanns director 5411 247TH PL SE, ISSAQUAH WA 98029
Peter Thomas Brennan director 63 NORTH STREET, GREENWICH CT 06830
Robert W Allen director PARK CITY GROUP,INC., 3160 PINEBROOK RD., PARK CITY UT 84098
Chester Manly Molpus director C/O SPAR GROUP, INC., 555 WHITE PLAINS ROAD, SUITE 250, TARRYTOWN NY 10591
Richard A Jacobsen director 3160 PINEBROOK RD, PARK CITY UT 81098