EQ (CYPXF) Momentum Rank : 3 (As of May. 26, 2024)

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

What is EQ Momentum Rank?

EQ has the Momentum Rank of 3.

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.

Competitive Comparison of EQ's Momentum Rank

For the Advertising Agencies subindustry, EQ'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.

EQ's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, EQ's Momentum Rank distribution charts can be found below:

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

EQ Momentum Rank Related Terms

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

EQ (CYPXF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » EQ Inc (OTCPK:CYPXF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

EQ:Canada

Address

1235 Bay Street, Suite 401, Toronto, ON, CAN, M5R 3K4

Website

https://www.eqworks.com

EQ Inc is a provider of digital marketing services. It operates in a single segment, which is to provide real-time technology and advanced analytics to improve performance for web, mobile, social, and video advertising initiatives and focuses on targeted advertising and incorporates advertising technologies, data analytics, and programmatic media buying capabilities into a single segment. EQ's geographical segments are Canada and the United States, of which the vast majority of its revenue comes from Canada. It generates the highest revenue from Advertising Services, followed by Data sales, which includes fixed CPM data and licenses.