Arbor Technology (ROCO:3594) Momentum Rank : 7 (As of Sep. 26, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Arbor Technology Momentum Rank?

Arbor Technology has the Momentum Rank of 7.

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.

Competitive Comparison of Arbor Technology's Momentum Rank

For the Computer Hardware subindustry, Arbor Technology'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.

Arbor Technology's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arbor Technology's Momentum Rank distribution charts can be found below:

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

Arbor Technology Momentum Rank Related Terms

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

Arbor Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arbor Technology Corp (ROCO:3594) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.700, Zhongzheng Road, 1Oth Floor, Zhonghe District, Taipei, TWN, 235

Website

https://www.arbor-technology.com

Arbor Technology Corp is a Taiwan-based company that engages in the manufacture and sale of computing platforms and mobility solutions. The company offers system integration, customer-centric design services, embedded systems, automation products, and logistics support. The Company is engaged in the R&D, assembly, combination, processing, manufacturing, and trading of industrial motherboards, computer products, peripheral devices, and electronic parts. The company operates in geographical areas of Taiwan, Mainland China, America, Europe, Korea, and Others.

Arbor Technology Headlines

No Headlines