iFAST (SGX:AIY) Momentum Rank : 10 (As of Apr. 12, 2025)

View and export this data going back to 2014. Start your Free Trial

What is iFAST Momentum Rank?

iFAST has the Momentum Rank of 10.

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 iFAST's Momentum Rank

For the Software - Application subindustry, iFAST'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.

iFAST's Momentum Rank Distribution in the Software Industry

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

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

Save Embed

;

Save Embed

;

iFAST Momentum Rank Related Terms

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

iFAST Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » iFAST Corp Ltd (SGX:AIY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

1O3:Germany

Address

10 Collyer Quay, No. 26-01, Ocean Financial Centre, Singapore, SGP, 049315

Website

https://www.ifastcorp.com

iFAST Corp Ltd is an investment holding company. It is engaged in the development of software, marketing of unit trusts, exchange-traded funds, listed stocks, debt securities, and Singapore government securities through websites and acting as an investment advisor, dealer, and custodian in the securities. The company operates through geographic segments are Singapore, Hong Kong, Malaysia, the United Kingdom, and China. The Singapore region generates maximum revenue for the company. iFAST receives revenue in the form of commissions and fees.

iFAST Headlines

No Headlines