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Vimicro International (FRA:V7I) Momentum Rank : 0 (As of Jun. 19, 2024)


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What is Vimicro International Momentum Rank?

Vimicro International 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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Vimicro International (FRA:V7I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vimicro International Corp (FRA:V7I) » Definitions » Momentum Rank
Comparable Companies
ROCO:8358 SZSE:002134 XKLS:7022 ROCO:4947 TPE:8081 TSE:8084 TPE:4968 XKRX:095610 HIMX TPE:8112 SHSE:600203 DSPG TPE:4919 ROCO:6643 SZSE:300139 ROCO:3260 SHSE:603738 ROCO:6173 XKLS:5005 TPE:2340
Traded in Other Exchanges
N/A
Address
Website
http://www.vimicro.com
Vimicro International is one of China's leading semiconductor design companies. The firm makes mixed-signal multimedia chips used in PC, embedded notebook webcams, mobile phones, and video cameras. The firm recently launched a surveillance segment that provides comprehensive security systems to customers, bundling its chips with other hardware, software, and nonsoftware acquired from third party vendors. The company was founded in 1999.

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