GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » QuoteMedia Inc (OTCPK:QMCI) » Definitions » Momentum Rank

QMCI (QuoteMedia) Momentum Rank : 3 (As of Apr. 23, 2025)


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

What is QuoteMedia Momentum Rank?

QuoteMedia has the Momentum Rank of 3.

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 QuoteMedia's Momentum Rank

For the Financial Data & Stock Exchanges subindustry, QuoteMedia'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.


QuoteMedia's Momentum Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, QuoteMedia's Momentum Rank distribution charts can be found below:

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


;
;

QuoteMedia Momentum Rank Related Terms

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


QuoteMedia Business Description

Traded in Other Exchanges
N/A
Address
17100 East Shea Boulevard, Suite 230, Fountain Hills, AZ, USA, 85268
QuoteMedia Inc is a provider of financial data, news feeds, market research information, and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals, and public corporations. It is a single source for a wide array of market information and services, including streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, wireless applications, and custom development. It has three general product lines: Interactive Content and Data Applications, Data Feed Services, and Portfolio Management Systems.
Executives
David Shworan director, officer: CEO 17100 SHEA BLVD STE 230, FOUNTAIN HILLS CA 85268
Keith J Randall officer: CFO 11909 E BECKER LANE, SCOTTSDALE AZ 85259
Robert James Thompson director
R Keith Guelpa director, officer: Chief Executive Officer 17100 SHEA BLVD, SUITE 230, FOUNTAIN HILLS AZ 85268

QuoteMedia Headlines

From GuruFocus

Q2 2021 QuoteMedia Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2023 QuoteMedia Inc Earnings Call Transcript

By GuruFocus Research 04-11-2024

Q2 2022 QuoteMedia Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2023 QuoteMedia Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2024 QuoteMedia Inc Earnings Call Transcript

By GuruFocus Research 05-17-2024