Kontrol Technologies (NEOE:KNR) Momentum Rank : 4 (As of Apr. 30, 2024)

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What is Kontrol Technologies Momentum Rank?

Kontrol Technologies 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 Kontrol Technologies's Momentum Rank

For the Information Technology Services subindustry, Kontrol Technologies'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.

Kontrol Technologies's Momentum Rank Distribution in the Software Industry

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

* The bar in red indicates where Kontrol Technologies's Momentum Rank falls into.

Kontrol Technologies Momentum Rank Related Terms

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Kontrol Technologies (NEOE:KNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kontrol Technologies Corp (NEOE:KNR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

KNRLF:USA 1K8:Germany

Address

11 Cidermill Avenue, Unit 211, Concord, ON, CAN, L4K 4B6

Website

https://www.kontrolcorp.com

Kontrol Technologies Corp is a provider of energy efficiency solutions to commercial energy consumers. Kontrol's market-based energy solutions are designed to reduce its customer's overall cost of energy while providing a corresponding reduction in Green House Gas (GHG) emissions. The Company operates in a single segment of the provision of energy compliance and consulting services. The company's geographical segments are the United States and Canada.

Executives

Kontrol Technologies Corp.

Issuer

Kontrol Technologies (NEOE:KNR) Headlines

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