IONI (I-ON Digital) Momentum Rank : 5 (As of Dec. 13, 2024)

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What is I-ON Digital Momentum Rank?

I-ON Digital has the Momentum Rank of 5.

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 I-ON Digital's Momentum Rank

For the Software - Application subindustry, I-ON Digital'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.

I-ON Digital's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, I-ON Digital's Momentum Rank distribution charts can be found below:

* The bar in red indicates where I-ON Digital's Momentum Rank falls into.

I-ON Digital Momentum Rank Related Terms

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I-ON Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » I-ON Digital Corp (OTCPK:IONI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1244 North Stone Street, Unit 3, Chicago, IL, USA, 60610

Website

https://www.i-on.net

I-ON Digital Corp is a software developer and provider of enterprise-class unstructured data management and digital marketing software and solutions. It offers web content management (CMS), web experience and service delivery software, digital marketing, smart mobility, and analytics tools, and, more recently, energy management solutions. It serves products and services directly to clients in South Korea and Japan, Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the United States.

Executives

Oh Jae Cheol James	director, 10 percent owner, officer: CEO/CFO	15, TEHRAN-RO 10-GIL, GANGAM-GU, SEOUL M5 06194
Mark Lamb	director	3548 SEAGATE WAY #110, OCEANSIDE CA 92056
Roy Layne Roberson	director	9241 IRVINE BOULEVARD SUITE 100, IRVINE CA 92618
Joseph Alvin Ryan	director	351 TRAILBLAZER, MISSION VIEJO CA 92692
Richard Chiang	other: Previous Officer and Director	460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Michael J. Rapport Trust	10 percent owner	2480 RAILROAD STREET, CORONA CA 92880
Michael Rapport	director, 10 percent owner, officer: Pres, CEO, CFO & Chairman	2000 MAIN STREET, IRVINE CA 92614
Evan Rapport	director, officer: Vice President	2000 MAIN STREET, IRVINE CA 92614