Windward (LSE:WNWD) Momentum Rank : 0 (As of May. 26, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Windward Momentum Rank?

Windward 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.

Windward Momentum Rank Related Terms

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

Windward (LSE:WNWD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Windward Ltd (LSE:WNWD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

X3X:Germany

Address

2 Hashlosha Street, Tel Aviv, ISR, 6706054

Website

https://www.windward.ai

Windward Ltd is a predictive intelligence company, fusing artificial intelligence and maritime expertise seeking to digitalize the maritime industry. The company's AI-powered software solution aims to provide real-time information and insights on seafaring vessels at sea, enabling stakeholders within the maritime ecosystem to make intelligence-driven decisions to manage risk and achieve business and operational insights. Geographically company generates the majority of its revenue from Europe and also has a presence in Israel, the United States, APAC, GCC, and South America.

Windward (LSE:WNWD) Headlines

No Headlines