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Vivid Seats (Vivid Seats) Momentum Rank : 0 (As of May. 25, 2024)


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What is Vivid Seats Momentum Rank?

Vivid Seats 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.

Vivid Seats Momentum Rank Related Terms

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Vivid Seats (Vivid Seats) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vivid Seats Inc (NAS:SEATW) » Definitions » Momentum Rank
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Traded in Other Exchanges
SEAT:USA
Address
24 E. Washington Street, Suite 900, Chicago, IL, USA, 60602
Website
https://www.vividseats.com
Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy. It operates in two segments namely marketplace and resale.