RISMA Systems AS (OCSE:RISMA) Momentum Rank : 10 (As of Apr. 25, 2025)

View and export this data going back to 2021. Start your Free Trial

What is RISMA Systems AS Momentum Rank?

RISMA Systems AS has the Momentum Rank of 10.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of RISMA Systems AS's Momentum Rank

For the Software - Application subindustry, RISMA Systems AS'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.

RISMA Systems AS's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, RISMA Systems AS's Momentum Rank distribution charts can be found below:

* The bar in red indicates where RISMA Systems AS's Momentum Rank falls into.

Save Embed

;

Save Embed

;

RISMA Systems AS Momentum Rank Related Terms

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

RISMA Systems AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RISMA Systems AS (OCSE:RISMA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ejby Industrivej 34-38, Glostrup, DNK, 2600

Website

https://www.rismasystems.com

RISMA Systems AS is a Denmark-based SaaS (Software-as-a-Service) company. It offers an all-in-one software suite for all Governance, Risk, Compliance initiatives, such as General Data Protection Regulation (GDPR), Information Security Management System (ISMS), risk management, financial controls and International Organization for Standardization (ISO) standards. RISMA has developed its own platform, which supports any area within governance, risk, and compliance. Tasks managed in the platform include among others: Risk Management, Financial Controls and other recurring tasks, such as Vendor Management, Incident Management, Governance of Outsourcing Arrangements.

RISMA Systems AS Headlines

No Headlines