GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TheStreet Inc (FRA:THSN) » Definitions » Momentum Rank

TheStreet (FRA:THSN) Momentum Rank : 0 (As of May. 15, 2024)


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

What is TheStreet Momentum Rank?

TheStreet 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.


TheStreet Momentum Rank Related Terms

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


TheStreet (FRA:THSN) Business Description

Traded in Other Exchanges
N/A
Address
14 Wall Street, 15th Floor, New York, NY, USA, 10005
TheStreet Inc is a US-based financial news and information provider. Its business-to-business (B2B) and business-to-consumer (B2C) content and products provide individual and institutional investors, advisors and dealmakers with actionable information from the worlds of finance and business. The company's B2B products provide dealmakers, their advisers and institutional investors with news, data, and analysis of mergers and acquisitions and corporate actions, relationship mapping services, and competitive bank rate data. Its B2C business includes free content and houses premium subscription products. The company has three reportable segments: TheDeal/BoardEx (B2B), RateWatch and B2C. Revenue generated by the company includes subscription fees charged to institutional and retail customers.

TheStreet (FRA:THSN) Headlines

No Headlines