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Motorsport Games (Motorsport Games) Momentum Rank : 4 (As of May. 05, 2024)


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What is Motorsport Games Momentum Rank?

Motorsport Games has the Momentum Rank of 4.

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 Motorsport Games's Momentum Rank

For the Electronic Gaming & Multimedia subindustry, Motorsport Games'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.

Motorsport Games's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Motorsport Games's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Motorsport Games's Momentum Rank falls into.


Motorsport Games Momentum Rank Related Terms

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

Motorsport Games (Motorsport Games) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Motorsport Games Inc (NAS:MSGM) » Definitions » Momentum Rank
Comparable Companies
GDC MGAM NFTG DROR VRVR FRZT GIGM WINR NCTY ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555
Traded in Other Exchanges
N/A
Address
5972 NE 4th Avenue, Miami, FL, USA, 33137
Website
https://www.motorsportgames.com
Motorsport Games Inc is a motorsport network company that combines engaging video games with esports competitions and content for racing fans and gamers around the globe. The company has its reportable segments into the development and publishing of interactive racing video games, entertainment content and services and the organization and facilitation of esports tournaments, competitions, and events for the licensed racing games as well as on behalf of third-party video game racing series and other video game publishers. Majority of the revenue is earned from Gaming.
Executives
Mike Zoi 10 percent owner 12100 NE 16TH AVENUE, #210, NORTH MIAMI FL 33161
Navtej Singh Sunner director 115 OVERSLADE LANE, RUGBY X0 CV226EE
Andrew P. Jacobson director 3825 N. PAULINA STREET, CHICAGO IL 60613
John Delta officer: Interim CFO 8800 HSC PARKWAY, BRYAN TX 77807
Peter R Moore director 200 DOMAIN DRIVE, STRATHAM NH 03885
Jonathan New officer: Chief Financial Officer 12100 NE 16TH AVENUE, #210, NORTH MIAMI FL 33161
Francesco Piovanetti director CITY VIEW PLAZA I SUITE 800, CARR. 165KM, 1.2, GUAYNABO PR 00968
Dmitry Kozko director, officer: Chief Executive Officer 1450 SOUTH MIAMI AVENUE, MIAMI FL 33130
Neil T Anderson director 125 BROAD STREET, 28TH FLOOR, NEW YORK NY 10004
Rob Dyrdek director 3130 WILSHIRE BLVD., SUITE 600, SANTA MONICA CA 90404
Stephen Hood officer: President SILVERSTONE INNOVATION CENTRE, SILVERSTONE X0 NN12 8GX
James William Allen director 1 ETON STREET,, MOTORSPORT NETWORK, RICHMOND, LONDON X0 TW9 1AG
Motorsport Network, Llc 10 percent owner 5972 NE 4TH AVENUE, MIAMI FL 33137