GURUFOCUS.COM » STOCK LIST » Technology » Software » Borqs Technologies Inc (OTCPK:BRQSF) » Definitions » Momentum Rank

BRQSF (Borqs Technologies) Momentum Rank : 1 (As of Mar. 04, 2025)


View and export this data going back to 2015. Start your Free Trial

What is Borqs Technologies Momentum Rank?

Borqs Technologies has the Momentum Rank of 1.

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 Borqs Technologies's Momentum Rank

For the Software - Infrastructure subindustry, Borqs 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.


Borqs Technologies's Momentum Rank Distribution in the Software Industry

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

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



Borqs Technologies Momentum Rank Related Terms

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


Borqs Technologies Business Description

Traded in Other Exchanges
N/A
Address
7 Shing Yip Street, Office B, 21st Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Borqs Technologies Inc is a provider of software development services and products, providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions. The company generates revenue in the form of software, and hardware revenue. A substantial portion of its revenue is generated in the form of hardware revenue which it earns for manufacturing customized products like trackers and smart watches, ruggedized handsets, tablets and smart phones, and mobile connectivity modules for its customers. Its geographical segments include the United States which is its key revenue-generating market, China, India, and the rest of the world.
Executives
Bill Huang director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Asset Horizon International Ltd 10 percent owner FLAT C, 8/F., JONSIM PLACE, 228 QUEEN'S ROAD EAST, HONG KONG K3 000 000
Zhengqi International Holding Ltd 10 percent owner 40 WALL STREET, 28TH FL, NEW YORK NY 10005
George Thangadurai officer: EVP and President of Int Bus 6190 CORNERSTONE COURT, SAN DIEGO CA 92121
Simon Sun officer: EVP & Co-GM of Prod. Bus. Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Wong Joseph Wai Leung director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Gene Wuu officer: EVP & GM of Cloud Bus Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Hareesh Ramanna officer: EVP and GM of Cloud Bus Unit 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Ye Eric Tao director 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Pat Chan director, officer: Chair. of the Board, CEO & Pre UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Anthony K Chan officer: CFO, EVP Corp. Finance 32108 ALVARADO BLVD., UNIT 138, UNION CITY CA 94587
Intel Corp 10 percent owner 2200 MISSION COLLEGE BLVD, RNB-4-151, SANTA CLARA CA 95054
Bob Li officer: EVP Corp Affairs & China Sale 6190 CORNERSTONE COURT, SUITE 202, SAN DIEGO CA 92121
Norwest Venture Partners X L P 10 percent owner 525 UNIVERSITY AVE SUITE 800, PALO ALTO CA 94301
Jian Tu director, officer: President & Chairman 40 WALL STREET, 28TH FL, NEW YORK NY 10005