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Ionik (TSXV:INIK) Momentum Rank : 0 (As of Mar. 15, 2025)


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What is Ionik Momentum Rank?

Ionik 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.


Ionik Momentum Rank Related Terms

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Ionik Business Description

Traded in Other Exchanges
Address
1 University Avenue, 3rd Floor, Toronto, ON, CAN, M5J 2P1
Ionik Corp is a data-driven performance marketing technology company focused on assembling the effective and complete suite of advertising, marketing, and monetization solutions for brands, advertisers, and publishers while building an extensive proprietary repository of opted-in first-party data.
Executives
Lois Lorrayne Norris Senior Officer
Jeffrey David Collins Senior Officer
Jonathan Paul Walsh Director
Robert Shaner Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Christopher Locke Director
Edward William Hastings Director, Senior Officer
Kevin Ferrell Senior Officer
Jurgen Cautreels Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
James Mansfield Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Fitzgerald Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Christopher James Schnarr Director, Senior Officer
Ronald Thomas Patterson Director
Michael James Haines Director or Senior Officer of 10% Security Holder

Ionik Headlines

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