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Alvarion, (FRA:BZC) Momentum Rank : 0 (As of Jun. 25, 2024)


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What is Alvarion, Momentum Rank?

Alvarion, 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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Alvarion, (FRA:BZC) Business Description

Traded in Other Exchanges
N/A
Address
21A HaBarzel Street, Tel Aviv, ISR, 69710
Alvarion Ltd is an Israel based company that designs, develops & markets wireless products. The company provides autonomous Wi-Fi networks designed with self-organizing capabilities. Its systems are used for providing Internet access & voice and data services for subscribers, for the feeding of cellular networks, for building connectivity, & for wireless local area network. Its products include Avidity WBSac Bolster WBSn, Arena Controller, BreezeACCESS VL, BreezeMAX Extreme, BreezeNET B and BreezeUltra. The company designs solutions for Carrier Wi-Fi, Enterprise Connectivity, Smart City, Smart Hospitality, Connected Campuses and Connected Events that are both complete and heterogeneous to ensure ease of use and optimize operational efficiency.

Alvarion, (FRA:BZC) Headlines