GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BIGG Digital Assets Inc (TSXV:BIGG) » Definitions » Momentum Rank

BIGG Digital Assets (TSXV:BIGG) Momentum Rank : 0 (As of Apr. 24, 2025)


View and export this data going back to 2015. Start your Free Trial

What is BIGG Digital Assets Momentum Rank?

BIGG Digital Assets has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


BIGG Digital Assets Momentum Rank Related Terms

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


BIGG Digital Assets Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 220, Vancouver, BC, CAN, V6E 4A4
BIGG Digital Assets Inc is engaged in investing in products and companies within the cryptocurrency industry. The company has three operating divisions which provide blockchain search products to large enterprises with data requirements in the financial and e-commerce sectors globally, and brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety, and immersive metaverse experiences. The company operates two business segments: Blockchain Technology Development, Digital Currency Sales via the Netcoins App, and Immersive Metaverse Experiences.
Executives
Daniel Reitzik Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Mark Binns Director
Kalle Radage Director
Lance Morginn Director
Mitchell Demeter Director
Diana Kim Evans Director
Thomas John Kennedy Director
Robert Laird Birmingham Director
Shone Tyler Anstey Director
Bigg Digital Assets Inc Issuer

BIGG Digital Assets Headlines