Intense Technologies (BOM:532326) Momentum Rank : 10 (As of May. 25, 2024)

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What is Intense Technologies Momentum Rank?

Intense Technologies has the Momentum Rank of 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.

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

Competitive Comparison of Intense Technologies's Momentum Rank

For the Software - Infrastructure subindustry, Intense Technologies'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.

Intense Technologies's Momentum Rank Distribution in the Software Industry

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

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

Intense Technologies Momentum Rank Related Terms

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Intense Technologies (BOM:532326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intense Technologies Ltd (BOM:532326) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

INTENTECH:India

Address

A1, Vikrampuri, Secunderabad, TG, IND, 500009

Website

https://www.in10stech.com

Intense Technologies Ltd is an India-based company engaged in the development and maintenance of software products, solutions, and related services that are designed for data analytics. It provides enterprise solutions for customer communications management, document management, and business process automation. Geographically all the activities function through the region of India.

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