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Sangoma Technologies (TSX:STC) Momentum Rank : 6 (As of Dec. 14, 2024)


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What is Sangoma Technologies Momentum Rank?

Sangoma Technologies has the Momentum Rank of 6.

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 Sangoma Technologies's Momentum Rank

For the Software - Infrastructure subindustry, Sangoma 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.


Sangoma Technologies's Momentum Rank Distribution in the Software Industry

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

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



Sangoma Technologies Momentum Rank Related Terms

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


Sangoma Technologies Business Description

Traded in Other Exchanges
Address
100 Renfrew Drive, Suite 100, Markham, ON, CAN, L3R 9R6
Sangoma Technologies Corp is a provider of hardware and software components that enable or enhance Internet Protocol Communications Systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications. Its product includes data and telecom boards for media and signal processing, as well as gateway appliances and software. The Company sells into two geographic centers: USA and Other countries. Key revenue is generated from USA.
Executives
Nenad Corbic Senior Officer
Norman A. Worthington 10% Security Holder, Director
Marc Lederman Director
Jeremy Wubs Senior Officer
Lawrence A. Stock Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Alfonso Guarino Director
Charles Salameh Director, Senior Officer
Allan Brett Director
Jamie Minner Senior Officer
Samantha Reburn Senior Officer
Llc Star2star Holdings 10% Security Holder
William Wignall Senior Officer
David Sidney Moore Senior Officer
Yves Laliberte Director
David Mandelstam Director, Senior Officer