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CMG Holdings Group (CMG Holdings Group) Momentum Rank : 0 (As of May. 01, 2024)


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What is CMG Holdings Group Momentum Rank?

CMG Holdings Group 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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CMG Holdings Group (CMG Holdings Group) Business Description

Traded in Other Exchanges
N/A
Address
2130 North Lincoln Park West 8 North, Chicago, IL, USA, 60614
CMG Holdings Group Inc is a full-service marketing and communications holding company. The company offers solutions in the areas of alternative advertising, social media marketing services, event management, and commercial rights. It operates in two segments: XA and CMG Holding group.
Executives
Glenn B Laken director, officer: CEO 2130 N LINCOLN PARK WEST, APT 8N, CHICAGO IL 60614
David J Kovacs director 153 EAST 32ND STREET, UNIT 3C, NEW YORK NY 10016
James Ennis director, officer: Chief Financial Officer 5601 BISCAYNE BLVD., MIAMI FL 31337
Alan Morell director, 10 percent owner, officer: CEO 5601 BISCAYNE BLVD., MIAMI FL 31337
Aaron Joseph Hashim officer: President PO BOX 2346, BAKERSFIELD CA 93303
Annette Lynn Davis director, 10 percent owner PO BOX 2346, BAKERSFIELD CA 93303
Jennifer Ann Davis officer: Secretary PO BOX 2346, BAKERSFIELD CA 93303
Lesa Marie Hashim officer: Treasurer PO BOX 2346, BAKERSFIELD CA 93303

CMG Holdings Group (CMG Holdings Group) Headlines

From GuruFocus

Chairman provides update on XA business and outlook

By PRNewswire PRNewswire 06-17-2021

CMG Holdings Group Inc Chairman Provides Update

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CMGO Provides Update

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CMG Announces New XA Tourism and Pharmaceutical Activations

By PRNewswire PRNewswire 12-07-2021

CMG Holding Group CEO Buys Company Stock on the Open Market

By PRNewswire PRNewswire 12-20-2021