GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SEALSQ Corp (NAS:LAES) » Definitions » Momentum Rank

SEALSQ (SEALSQ) Momentum Rank : 0 (As of Jun. 01, 2024)


View and export this data going back to 2023. Start your Free Trial

What is SEALSQ Momentum Rank?

SEALSQ 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.


SEALSQ Momentum Rank Related Terms

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


SEALSQ (SEALSQ) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Louis-Casai 58, Cointrin, CHE, 1216
SEALSQ Corp is one of the very few semiconductor companies in the world capable of developing certified secure microcontrollers and implementing post-quantum cryptography. Its vaultIC range offers a complete set of ready-to-use secure elements designed to implement embedded security for any kind of device with fast time-to-market and high flexibility. The company's products include VaultIC155, VaultIV18x, VaultIC292, and VaultIC40x.

SEALSQ (SEALSQ) Headlines

From GuruFocus

SEALSQ To Ring the Nasdaq Opening Bell on May 26

By sperokesalga sperokesalga 05-24-2023