Rubicon Technologies (MEX:RBT) Momentum Rank : 0 (As of Jun. 23, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Rubicon Technologies Momentum Rank?

Rubicon Technologies 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.

Rubicon Technologies Momentum Rank Related Terms

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

Rubicon Technologies (MEX:RBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rubicon Technologies Inc (MEX:RBT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

RBTC:USA

Address

100 West Main Street, Suite 610, Lexington, KY, USA, 40507

Website

https://www.rubicon.com

Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

Rubicon Technologies (MEX:RBT) Headlines

No Headlines