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Maroc Telecom (CAS:IAM) Momentum Rank : 0 (As of May. 21, 2024)


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What is Maroc Telecom Momentum Rank?

Maroc Telecom 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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Maroc Telecom (CAS:IAM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Maroc Telecom SA (CAS:IAM) » Definitions » Momentum Rank
Comparable Companies
XPAR:MLLCB XPAR:NXI XPAR:ALREA XPAR:ALIMO XPAR:INEA XPAR:ORIA XPAR:CBOT XPAR:BASS XPAR:ALSAS SHSE:600941 TMUS VZ CMCSA T XTER:DTE NSE:BHARTIARTL TSE:9432 TSE:9984 HKSE:00728 AMX B
Traded in Other Exchanges
IAM:France MSPA:Germany
Address
Avenue Annakhil, Hay Riad, Rabat, MAR
Website
https://www.iam.ma
Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.

Maroc Telecom (CAS:IAM) Headlines

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