Data Image (TPE:3168) Momentum Rank : 1 (As of Dec. 14, 2024)

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What is Data Image Momentum Rank?

Data Image has the Momentum Rank of 1.

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 Data Image's Momentum Rank

For the Electronic Components subindustry, Data Image'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.

Data Image's Momentum Rank Distribution in the Hardware Industry

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

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

Data Image Momentum Rank Related Terms

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Data Image Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Data Image Corp (TPE:3168) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2F., No.96, Sec. 1, Xintai 5th Road, Xizhi District, New Taipei City, TWN, 221

Website

https://www.dataimage.com.tw

Data Image Corp is a manufacturer of LCD (Liquid Crystal Display) modules in Taiwan. Its products are sold to manufacturers and distributors in a diverse range of industries, including Industrial HMI, Marine MFT, Automotive, VoIP phone, Payment terminal, MFP and others.

Data Image Headlines

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