QTTOY (Qutoutiao) Momentum Rank : 0 (As of Mar. 26, 2025)

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What is Qutoutiao Momentum Rank?

Qutoutiao has the Momentum Rank of 0.

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.

Qutoutiao Momentum Rank Related Terms

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Qutoutiao Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Qutoutiao Inc (OTCPK:QTTOY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

519 Yi De Road, Building No. 8, Shanghai Pudong Software Park, Pudong New Area, Shanghai, CHN, 200124

Website

https://www.qutoutiao.net

Qutoutiao Inc is a mobile content platform company in China. Its flagship mobile application Qutoutiao aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. It has also launched a mobile literature application, Midu Novels, which offers users free literature supported by advertising. The mobile literature applications, Midu Novels, and Midu Lite, source content from traditional PC-based online literature platforms which provide a license to publish their literature content on Midu Novels for a fee and offer pieces of literature on Midu Novels. The company generates revenue by providing advertising and marketing services.