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Eyes on the Go (Eyes on the Go) Momentum Rank : 0 (As of May. 30, 2024)


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What is Eyes on the Go Momentum Rank?

Eyes on the Go 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.

Eyes on the Go Momentum Rank Related Terms

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Eyes on the Go (Eyes on the Go) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Eyes on the Go Inc (GREY:AXCG) » Definitions » Momentum Rank
Comparable Companies
LKST GOBK WDLF IDDR SNNC GRCK CLOW NBFT YSTR SBIDD RBIZ JMDA CIIX IZEA ANAV NETE USEL DGTW TRXD GHHC
Traded in Other Exchanges
N/A
Address
40 Fulton Street, 24th Floor, New York, NY, USA, 100389
Website
http://www.eyesonthego.com
Eyes on the Go Inc is engaged in designing, implementing, and providing services related to the remote monitoring of businesses and other facilities. The company provides online streaming videos and audio images from bars, restaurants, performance spaces, and clubs to consumers through a website called gander.tv.

Eyes on the Go (Eyes on the Go) Headlines

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