IQGeo Group (LSE:IQG) Momentum Rank : 0 (As of Dec. 16, 2024)

View and export this data going back to 2011. Start your Free Trial

What is IQGeo Group Momentum Rank?

IQGeo Group 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.

IQGeo Group Momentum Rank Related Terms

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

IQGeo Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IQGeo Group PLC (LSE:IQG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nine Hills Road, Cambridge, GBR, CB2 1GE

Website

https://www.iqgeo.com

IQGeo Group PLC is a provider of mobile geospatial software. It delivers software solutions that integrate data from any source - geographic, real-time asset, GPS, location, corporate, and external cloud-based sources into a live geospatial common operating picture. The company generates revenue from Subscriptions, Maintenance and support, and Services. Geographically, the company derives a majority of its revenue from the USA and also has a presence in Canada, Japan, the UK, Europe, and the Rest of the world. Its products include Fiber Planning, Inspection and Survey, myWorld Platform, myWorld for a sales force, and others.

IQGeo Group Headlines

No Headlines