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AAPI (Apple iSports Group) Momentum Rank : 7 (As of Apr. 16, 2025)


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What is Apple iSports Group Momentum Rank?

Apple iSports Group has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Apple iSports Group's Momentum Rank

For the Gambling subindustry, Apple iSports Group'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.

Apple iSports Group's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Apple iSports Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Apple iSports Group's Momentum Rank falls into.


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Apple iSports Group Momentum Rank Related Terms

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Apple iSports Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apple iSports Group Inc (OTCPK:AAPI) » Definitions » Momentum Rank
Comparable Companies
EVRI RSI ACEL AGS GAMB CDRO INSE CPHC GAN GLXZ FLUT ASX:ALL DKNG OSTO:EVO CHDN LNW ATH:OPAP ASX:TLC XPAR:FDJU LSE:ENT
Traded in Other Exchanges
N/A
Address
552 Lonsdale Street, Level 7, Melbourne, VIC, AUS, 3200
Website
https://corporate.appleisports.com
Apple iSports Group Inc is a digital sports entertainment and gaming company that provides users with sports betting and sports streaming solutions, bringing the digital entertainment experience to the hands of sports and racing fans. It is engaged in the development of an online sports engagement portal that will include, racing and sports betting, fantasy sports and sports content. It maintains a provisional Northern Territory Online Bookmaking License in Australia, which allows for racing, sports betting, and fantasy sports throughout Australia and New Zealand.
Executives
Antonio Lococo director, 10 percent owner, officer: CEO/CFO 113 ESPLANADE, ALTONA C3 3018
Copper Hill Assets, Inc. 10 percent owner GROUND FLOOR COASTAL BUILDING, PO BOX 3169 ROAD TOEN, TORTOLA D8 VG1110
Metroworks Equity Sdn. Bdh. 10 percent owner UNIT 604, UPTOWN 1, NO. 1, JALAN SS21/58, DAMANSARA, PETALING JAYA, SELANGAOR N8 47400
Chee Chau Ng director, officer: Chief Executive Officer LEVEL U1 BLOCK D2, UNIT D2-1-1 TO D2-1-9, SOLARIS DUTAMAS, JALAN DUTAMAS 1, KUALA LUMPUR N8 50480
Chee Chow Teow 10 percent owner K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Ee Meng Teow 10 percent owner K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Wooi Huat Teow 10 percent owner K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Alan P Donenfeld director, 10 percent owner, officer: President and Secretary C/O PARAGON CAPITAL LP, 110 EAST 59TH STREET, 29TH FL, NEW YORK NY 10022
Paragon Capital Lp 10 percent owner 110 EAST 59TH ST 22ND FL, NEW YORK NY 10022