Tekumo (Tekumo) Momentum Rank : 0 (As of May. 26, 2024)

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What is Tekumo Momentum Rank?

Tekumo 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.

Tekumo Momentum Rank Related Terms

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Tekumo (Tekumo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tekumo Inc (OTCPK:TKMO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

555 Middle Creek Parkway, Suite 100, Colorado Springs, CO, USA, 80921

Website

https://www.tekumo.com

Balincan USA Inc is an intelligent service delivery platform that solves the last-mile of installing and maintaining technology systems and smart connected devices. The company offers three products namely TekumoSMART, TekumoIQ and TekumoPRO. TekumoSMART delivers the complete service chain for smart connected devices. TekumoPRO is a service delivery platform that connects enterprises, retailers, and OEM's with local skilled resources to install and maintain technology systems. TekumoIQ provides real-time data from all connected assets, accessible via Tekumo dashboards or directly delivered into any end user ecosystem.

Executives

David Weiner

director, 10 percent owner

12400 VENTURA BLVD., SUITE 327, STUDIO CITY CA 91604

Tekumo (Tekumo) Headlines

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