Infrax Systems (Infrax Systems) Momentum Rank : 0 (As of May. 23, 2024)

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What is Infrax Systems Momentum Rank?

Infrax Systems 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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Infrax Systems (Infrax Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Infrax Systems Inc (OTCPK:IFXY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Six Pines Dr Unit 8, FL 2, Spring, Houston, TX, USA, 77380

Website

https://www.infraxinc.com

Infrax Systems Inc is a United states based company. The company's strategy is to develop and implement effective solutions that cater to the specific needs of this demographic sector. The company caters to the specific needs of the Latin American demographic sector. It strive to address the various challenges faced by these immigrants, such as nostalgic products and the distribution of familiar foods from their home countries, easy access to legal services, insurance solutions, non-traditional remittances management, peer-to-peer financing, and other technology-driven solutions.

Infrax Systems (Infrax Systems) Headlines

From GuruFocus

Infrax Systems, Inc. Rescinds Acquisition of Mi Pulpe LLC

By ACCESSWIRE ACCESSWIRE • 11-14-2022

Infrax Systems, Inc. Announces Agreement and Plan of Merger to Acquire Food Distributor Mi Pulpe LLC

By ACCESSWIRE ACCESSWIRE • 05-11-2022

Infrax Systems, Inc. Announces the Mi Pulpe Acquisition is Expected to Close the Week of July 25

By ACCESSWIRE ACCESSWIRE • 07-19-2022

Infrax Systems, Inc (OTC: IFXY) Provides Shareholder Update

By ACCESSWIRE • 10-25-2023

Infrax Systems, Inc. Completes its Acquisition of Mi Pulpe LLC

By ACCESSWIRE ACCESSWIRE • 08-02-2022