Take-Two Interactive Software (LTS:0LCX) Momentum Rank : 6 (As of May. 01, 2024)

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What is Take-Two Interactive Software Momentum Rank?

Take-Two Interactive Software has the Momentum Rank of 6.

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 Take-Two Interactive Software's Momentum Rank

For the Electronic Gaming & Multimedia subindustry, Take-Two Interactive Software'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.

Take-Two Interactive Software's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Take-Two Interactive Software's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Take-Two Interactive Software's Momentum Rank falls into.

Take-Two Interactive Software Momentum Rank Related Terms

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Take-Two Interactive Software (LTS:0LCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Take-Two Interactive Software Inc (LTS:0LCX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TTWO:USA TTWO:Mexico TKE:Germany T1TW34:Brazil TTWO:Austria

Address

110 West 44th Street, New York, NY, USA, 10036

Website

https://www.take2games.com

Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires & Puzzles," and "CSR Racing.".

Take-Two Interactive Software (LTS:0LCX) Headlines

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