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BorrowMoney.com (BorrowMoney.com) Momentum Rank : 0 (As of Apr. 29, 2024)


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What is BorrowMoney.com Momentum Rank?

BorrowMoney.com 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.

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BorrowMoney.com (BorrowMoney.com) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BorrowMoney.com Inc (OTCPK:BWMY) » Definitions » Momentum Rank
Comparable Companies
THBD RAHGF DXF SUNL V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810 TSE:8593 BOM:543066 TPE:5871
Traded in Other Exchanges
N/A
Address
512 Bayshore Drive, Fort Lauderdale, FL, USA, 33304
Website
https://www.borrowmoney.com
BorrowMoney.com Inc operates an online loan marketplace for consumers seeking loans and other credit-based offerings. Its online marketplace provides consumers with access to product offerings from active lenders. It offers products in two categories including mortgage products and non-mortgage products. The mortgage products category includes the purchase and refinances products. Non-mortgage products include credit cards, personal loans, home equity loans, reverse mortgage loans, auto loans, small business loans, student loans, deposit accounts, home improvement referrals and other credit products such as credit repair and debt settlement.