Integrated Memory Logic (TPE:3638) Momentum Rank : 0 (As of Jun. 20, 2024)

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

What is Integrated Memory Logic Momentum Rank?

Integrated Memory Logic 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.

Integrated Memory Logic Momentum Rank Related Terms

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

Integrated Memory Logic (TPE:3638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Integrated Memory Logic Ltd. (TPE:3638) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

Website

http://www.iml-inc.com.tw

Integrated Memory Logic Ltd. provides analog, power management, and mixed signal IC solutions for LCD panel applications. It also designs custom chips; and provides packaging and testing outsourcing services.

Integrated Memory Logic (TPE:3638) Headlines

No Headlines