GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Fiverr International Ltd (NYSE:FVRR) » Definitions » Momentum Rank

FVRR (Fiverr International) Momentum Rank : 8 (As of Dec. 13, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Fiverr International Momentum Rank?

Fiverr International has the Momentum Rank of 8.

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 Fiverr International's Momentum Rank

For the Internet Content & Information subindustry, Fiverr International'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.


Fiverr International's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fiverr International's Momentum Rank distribution charts can be found below:

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



Fiverr International Momentum Rank Related Terms

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


Fiverr International Business Description

Traded in Other Exchanges
Address
8 Eliezer Kaplan Street, Tel Aviv, ISR, 6473409
Fiverr International Ltd is involved in buying and selling digital services in the same fashion as physical goods on an e-commerce platform. It is set out to design a digital marketplace that is built with a comprehensive SKU-like services catalog and a search, finds, and order process that mirrors a typical e-commerce transaction. The service offerings of the company include Graphics and Design, Digital Marketing, Wiring and Translation, and Video and Animation among others.