GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tarpon Investimentos SA (BSP:TRPN3) » Definitions » Momentum Rank

Tarpon Investimentos (BSP:TRPN3) Momentum Rank : 0 (As of May. 07, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Tarpon Investimentos Momentum Rank?

Tarpon Investimentos 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.

Tarpon Investimentos Momentum Rank Related Terms

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

Tarpon Investimentos (BSP:TRPN3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tarpon Investimentos SA (BSP:TRPN3) » Definitions » Momentum Rank
Comparable Companies
OSTO:SEAF ASX:KBC MIC:ARSA HKSE:00768 WAR:CTF WAR:AAT XKRX:330990 IST:GRNYO XSWX:LUMX TSXV:WI SGX:I5H XBUL:T24 TSXV:MNC STU:NUQA XKRX:281410 LSE:CRV TSXV:CEP TSXV:ICL IST:DAGHL STU:DLB
Traded in Other Exchanges
N/A
Address
3.355, Brigadeiro Faria Lima Avenue, 23rd Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-133
Website
http://www.tarpon.com.br
Tarpon Investimentos SA is an asset management company. It is engaged in securities portfolio and asset management, through its investment funds, managed portfolios, and other investment vehicles. The company's only segment is its portfolio management services from which it derives its majority of the revenue.

Tarpon Investimentos (BSP:TRPN3) Headlines

No Headlines