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Stillfront Group AB (OSTO:SF) Momentum Rank : 0 (As of May. 22, 2024)


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What is Stillfront Group AB Momentum Rank?

Stillfront Group AB 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.

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Stillfront Group AB (OSTO:SF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Stillfront Group AB (OSTO:SF) » Definitions » Momentum Rank
Comparable Companies
OSTO:EG7 OSTO:MTG A OSTO:G5EN OSTO:STAR B OSTO:FLEXM OSTO:THUNDR OSTO:MAGI XSAT:BEYOND OSTO:FAGA OSTO:MAXENT B ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
STLFF:USA 0A2A:UK 1YS0:Germany
Address
Kungsgatan 38, Stockholm, SWE, SE-111 35
Website
https://www.stillfront.com
Stillfront Group AB is a Swedish game development company focusing on the free-to-play segment. The company has a diversified portfolio of games and focuses on games with long lifecycles and loyal users. Stillfront group consists of game studios in different countries and the company's main markets are the US, Europe, and the MENA region. The studios owned by the group include Goodgame Studios, Storm8, and Babil Games.