Edge Total Intelligence (TSXV:CTRL) Momentum Rank : 2 (As of Mar. 15, 2025)

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What is Edge Total Intelligence Momentum Rank?

Edge Total Intelligence has the Momentum Rank of 2.

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.

Competitive Comparison of Edge Total Intelligence's Momentum Rank

For the Software - Infrastructure subindustry, Edge Total Intelligence'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.

Edge Total Intelligence's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Edge Total Intelligence's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Edge Total Intelligence's Momentum Rank falls into.

Edge Total Intelligence Momentum Rank Related Terms

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Edge Total Intelligence Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edge Total Intelligence Inc (TSXV:CTRL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

UNFYF:USA Q5I:Germany

Address

1501 Lee Highway, Suite 301, Arlington, New York, NY, USA, 22209

Website

https://www.edgeti.com

Edge Total Intelligence Inc operates as a software company delivering increased operational resilience, agility, and efficiency. The company's low-code rapid development software, edgeCore, securely unifies control and intelligence without creating new data stores or uprooting existing systems. Configurable pipelines and visualizations transform siloed systems into composable operations that meet the needs of users and evolving business situations. Edge Total Intelligence serves customers world wide. The company generates the majority of its revenue from Subscription software licenses. The company also generates revenue from Professional consulting services.