IFBD (Infobird Co) Momentum Rank : 2 (As of Dec. 11, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Infobird Co Momentum Rank?

Infobird Co has the Momentum Rank of 2.

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 Infobird Co's Momentum Rank

For the Software - Application subindustry, Infobird Co'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.

Infobird Co's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Infobird Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Infobird Co's Momentum Rank falls into.

Infobird Co Momentum Rank Related Terms

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

Infobird Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infobird Co Ltd (NAS:IFBD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Queen’s Road Central, Room 706, 7th Floor, Grand Millennium Plaza, Low Block, Central, Hong Kong, HKG

Website

https://www.infobird.com

Infobird Co Ltd is engaged in developing and providing customer engagement cloud-based services. It software-as-a-service, provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. It provides holistic software solutions to help corporate clients proactively deliver and manage end-to-end customer engagement activities at all stages of the sales process including pre-sales and sales activities and post-sales customer support. It also offers AI-powered cloud-based sales force management software including intelligent quality inspection and intelligent training software to help clients monitor, benchmark, and improve the performances of agents.