GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Box Technologies Inc (FRA:DB2) » Definitions » Momentum Rank

D-Box Technologies (FRA:DB2) Momentum Rank : 9 (As of Dec. 12, 2024)


View and export this data going back to 2011. Start your Free Trial

What is D-Box Technologies Momentum Rank?

D-Box Technologies has the Momentum Rank of 9.

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 D-Box Technologies's Momentum Rank

For the Consumer Electronics subindustry, D-Box Technologies'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.


D-Box Technologies's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, D-Box Technologies's Momentum Rank distribution charts can be found below:

* The bar in red indicates where D-Box Technologies's Momentum Rank falls into.



D-Box Technologies Momentum Rank Related Terms

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


D-Box Technologies Business Description

Traded in Other Exchanges
Address
2172 Rue de la Province Street, Longueuil, QC, CAN, J4G 1R7
D-Box Technologies Inc designs, manufactures, and markets cutting-edge motion systems for the entertainment, simulation, and training markets. The company has only one segment: the development, manufacture, and sale of cutting-edge motion systems. Its geographical segment includes the United States which is a key revenue driver, Canada, Europe, Asia, South America, Oceania, and Africa.

D-Box Technologies Headlines

No Headlines