Boku (LSE:BOKU) Momentum Rank : 3 (As of Sep. 21, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Boku Momentum Rank?

Boku has the Momentum Rank of 3.

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 Boku's Momentum Rank

For the Software - Infrastructure subindustry, Boku'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.

Boku's Momentum Rank Distribution in the Software Industry

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

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

Boku Momentum Rank Related Terms

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

Boku Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Boku Inc (LSE:BOKU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

B04:Germany

Address

9 Orange Street, 2nd floor, London, GBR, WC2H 7EA

Website

https://www.boku.com

Boku Inc is a carrier billing company. Its technology enables mobile phone users to buy goods and services and make online payments using their mobile devices. The company's operating segment includes Payments and Identity. It generates maximum revenue from the Payments segment, which is engaged in the provision of a payment platform that enables mobile phone users to buy goods and services and charge them to their mobile phone or prepaid balance. Its geographical segments are the Americas, APAC, and EMEA(Europe, the Middle East & Africa). The majority is from APAC.

Boku Headlines

No Headlines