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Sobrfe (Sobrfe) Momentum Rank : 3 (As of Jun. 23, 2024)


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What is Sobrfe Momentum Rank?

Sobrfe has the Momentum Rank of 3.

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 Sobrfe's Momentum Rank

For the Scientific & Technical Instruments subindustry, Sobrfe'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.


Sobrfe's Momentum Rank Distribution in the Hardware Industry

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

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



Sobrfe Momentum Rank Related Terms

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


Sobrfe (Sobrfe) Business Description

Traded in Other Exchanges
Address
6400 South Fiddlers Green Circle, Suite 525, Greenwood Village, CO, USA, 80111
Sobr Safe Inc is engaged in developing alcohol-detecting devices to address the automotive alcohol sensing spectrum. The company has developed an alcohol detection device called SOBR. This device is patented and is used for detecting alcohol in a human system by testing the ethanol content in the perspiration. The company generates revenue through various combinations of software products and services which include the sale of cloud-based software solutions, detection and data collection hardware devices, and cloud-based data reporting and analysis services.
Executives
J. Steven Beabout director C/O STARZ, 8900 LIBERTY CIRCLE, ENGLEWOOD CO 80112
Gerard Wenzel officer: CFO 6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Sandy L Shoemaker director 6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Michael T Watson officer: CRO & EVP Sales and Marketing 6400 SOUTH FIDDLERS GREEN CIRCLE, SUITE 1400, GREENWOOD VILLAGE CO 80111
Charles Warren Bennington director, officer: Chief Executive Officer 3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Gary John Graham director, 10 percent owner 6400 S. FIDDLERS GREEN CIRCLE, SUITE 525, GREENWOOD VILLAGE CO 80111
Ford Byron Fay director 9879 CLAIRTON CT., HIGHLAND RANCH CO 80126
David Joseph Gandini director, officer: Chief Revenue Officer 39 FALLON HILLS DRIVE, HIGHLANDS RANCH CO 80126
Kevin D Moore director, officer: Chief Executive Officer 730 15TH STREET, BOULDER CO 80302
Michael A. Lanphere 10 percent owner, officer: V.P. of Legal Affairs 8 PLUMERIA, IRVINE CA 92620
Gadasalli Subramanya Satyanarayana director, 10 percent owner 683 E. BROKAW RD., SAN JOSE CA 95112
Devadatt M Mishal director 8500 FLORENCE AVE. E., DOWNEY CA 90241
Nicholas Limer director, 10 percent owner, officer: Secretary 3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Ronald Louis Williams director, officer: Chief Technology Officer 3030 OLD RANCH PARKWAY, SEAL BEACH CA 90740
Munn Harlan B Iii director 5758 SINGLETREE LANE, PARKER CO 80134