I-Freek Mobile (TSE:3845) Momentum Rank : 1 (As of Jun. 21, 2024)

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What is I-Freek Mobile Momentum Rank?

I-Freek Mobile 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 I-Freek Mobile's Momentum Rank

For the Internet Content & Information subindustry, I-Freek Mobile'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.

I-Freek Mobile's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, I-Freek Mobile's Momentum Rank distribution charts can be found below:

* The bar in red indicates where I-Freek Mobile's Momentum Rank falls into.

I-Freek Mobile Momentum Rank Related Terms

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I-Freek Mobile (TSE:3845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » I-Freek Mobile Inc (TSE:3845) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hakata Ekimae3-2-8, Hakata-ku, Fukuoka Prefecture, The 11th floor of Sumitomo Seimei Hakata Building, Fukuoka, JPN, 812-0011

Website

http://www.i-freek.co.jp

I-Freek Mobile Inc is a Japan based provider of mobile content and e-commerce services for mobile users. It offers digital contents for HTML e-mails, casual & social game applications & picture book applications. It offers the digital contents which are decorated mail, a stamp and a picture book.

I-Freek Mobile (TSE:3845) Headlines

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