Titomic (ASX:TTT) Momentum Rank : 3 (As of Apr. 27, 2025)

View and export this data going back to 2017. Start your Free Trial

What is Titomic Momentum Rank?

Titomic has the Momentum Rank of 3.

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 Titomic's Momentum Rank

For the Specialty Industrial Machinery subindustry, Titomic'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.

Titomic's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titomic's Momentum Rank distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Titomic Momentum Rank Related Terms

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

Titomic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Titomic Ltd (ASX:TTT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TITMF:USA T04:Germany

Address

365 Ferntree Gully Road, Ground Floor, Mount Waverley, VIC, AUS, 3149

Website

https://www.titomic.com

Titomic Ltd specializes in leveraging advanced materials and a new additive manufacturing technology. The company operates in three geographical segments; Australia, the USA, and Europe. The company specializes in manufacturing and technology solutions for high-performance metal additive manufacturing, metal coatings, and repairs using its unique patented Titomic Kinetic Fusion cold spray technology with its principal activities in the global defense, aerospace, mining, energy, and transport industries.

Titomic Headlines

From GuruFocus

Top 5 1st Quarter Trades of KCM INVESTMENT ADVISORS LLC

By GuruFocus Research GuruFocus Editor • 05-15-2022