SilverSun Technologies (SilverSun Technologies) Momentum Rank : 3 (As of May. 01, 2024)

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What is SilverSun Technologies Momentum Rank?

SilverSun Technologies 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 SilverSun Technologies's Momentum Rank

For the Software - Application subindustry, SilverSun Technologies'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.

SilverSun Technologies's Momentum Rank Distribution in the Software Industry

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

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

SilverSun Technologies Momentum Rank Related Terms

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SilverSun Technologies (SilverSun Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SilverSun Technologies Inc (NAS:SSNT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Eagle Rock Avenue, East Hanover, NJ, USA, 07936

Website

https://www.silversuntech.com

SilverSun Technologies Inc is a business application, technology, and consulting company. It is engaged in providing strategies and solutions to meet information, technology and business management needs. Its services and technologies enable customers to manage, protect and monetize their enterprise assets in the cloud. It offers solutions for accounting and business management, financial reporting, enterprise resource planning (ERP), warehouse management systems (WMS), customer relationship management (CRM) and business intelligence (BI). The company has a network services practice, which provides managed services, hosting, business continuity, cloud, e-mail, and Web services.

Executives

Stanley Wunderlich	director
John D. Schachtel	director	979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Joseph P Macaluso	director
Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Ault Milton C Iii	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jeffrey D Roth	10 percent owner	202 VIERA DRIVE, CEDAR KNOLLS NJ 07927-2402
Christine Elizabeth Dye	officer: Chief Financial Officer	120 EAGLE ROCK AVE., SUITE 330, EAST HANOVER NJ 07936
Crandall Iii Melvin	officer: Chief Financial Officer	5 REGENT ST #520, LIVINGSTON NJ 07039
John Rudy	director	C/O ADSTAR INC., 4553 GLENCOE AVENUE SUITE 325, MARINA DEL REY CA 90292
Mark Meller	director, 10 percent owner, officer: President and CEO	C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039
Jerome R Mahoney	director, 10 percent owner, officer: President, Secretary and CEO	C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747