GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BeBop Channel Corp (OTCPK:BBOP) » Definitions » Momentum Rank

BBOP (BeBop Channel) Momentum Rank : 0 (As of Apr. 23, 2025)


View and export this data going back to 2022. Start your Free Trial

What is BeBop Channel Momentum Rank?

BeBop Channel has the Momentum Rank of 0.

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.


BeBop Channel Momentum Rank Related Terms

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


BeBop Channel Business Description

Traded in Other Exchanges
N/A
Address
178 Columbus Avenue, P.O. Box 231143, New York, NY, USA, 10023
BeBop Channel Corp is engaged in producing, promoting, and distributing video and physical content in the genres of Jazz. It is also engaged in the cultural stories by global filmmakers and content specific to Dance and Theatre. It offers streaming Arts programming, free to the public, via Smart TV and Web apps, which include ROKU, FireTV, and Apple TV.