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PhoneX Holdings (PhoneX Holdings) Momentum Rank : 0 (As of Jun. 07, 2024)


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What is PhoneX Holdings Momentum Rank?

PhoneX Holdings 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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PhoneX Holdings (PhoneX Holdings) Business Description

Traded in Other Exchanges
N/A
Address
150 Executive Dr, Suite Q, Edgewood, NY, USA, 11717
PhoneX Holdings Inc is a technology-based company engaged in creating an online marketplace for used smartphones. It operates through an e-commerce website-based service and a wholly-owned subsidiary. The web portal includes saleable items such as iPhones, iPods, tablets and other electronic devices. It derives revenue either by taking possession of devices and selling these devices for a premium or by facilitating transactions between buyers and sellers and collecting a commission.
Executives
Piton Capital Partners Llc 10 percent owner C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, SUITE 2200, OKLAHOMA CITY OK 73134
Daniel Brauser director 171 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
Leslie J Schreyer 10 percent owner C/O NORTON ROSE FULBRIGHT US LLP, 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Cornice Fiduciary Management Llc 10 percent owner C/O WILLOW STREET GROUP, LLC, 270 W. PEARL AVENUE, SUITE 104, JACKSON WY 83001
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Grant Fitzwilliam director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Robert M Averick 10 percent owner KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Perlus Microcap Fund L.p. 10 percent owner CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 268, GRAND CAYMAN E9 KY1-1111
Michael Brauser director, 10 percent owner 4400 BISCAYNE BLVD., SUITE 850, MIAMI FL 33137
M3c Holdings Llc 10 percent owner C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134
Charles Pearlman director 1 EAST BROWARD BLVD., FORT LAUDERDALE FL 33301
Todd Oretsky 10 percent owner, other: See Remarks 330 SW 2ND STREET, SUITE 209, FORT LAUDERDALE FL 33312