NCR Voyix (LTS:0K45) Momentum Rank : 7 (As of Dec. 12, 2024)

View and export this data going back to 2018. Start your Free Trial

What is NCR Voyix Momentum Rank?

NCR Voyix has the Momentum Rank of 7.

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 NCR Voyix's Momentum Rank

For the Information Technology Services subindustry, NCR Voyix'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.

NCR Voyix's Momentum Rank Distribution in the Software Industry

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

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

NCR Voyix Momentum Rank Related Terms

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

NCR Voyix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NCR Voyix Corp (LTS:0K45) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NCRRP.PFD:USA VYX:USA NCR1:Germany NCR1:Germany

Address

864 Spring Street NW, Atlanta, GA, USA, 30308

Website

https://www.ncrvoyix.com

NCR Voyix Corp is a company providing services of digital commerce solutions for retail, restaurant, and digital banking. The company operates in three reportable segments: Retail, Restaurants, and Digital Banking. The Retail segment provides software solutions for retailers of all sizes, enhancing operational efficiency and customer experience. The Restaurants segment offers end-to-end technology solutions for food service establishments, improving operational efficiency, and customer satisfaction, and reducing costs. The Digital Banking segment serves financial institutions with cloud-based software solutions for a fully integrated digital banking experience across channels. Revenue sources include software sales and service support within each segment.

NCR Voyix Headlines

No Headlines