Datable Technology (Datable Technology) Momentum Rank : 0 (As of May. 22, 2024)

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

What is Datable Technology Momentum Rank?

Datable Technology has the Momentum Rank of 0.

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.

Datable Technology Momentum Rank Related Terms

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

Datable Technology (Datable Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Datable Technology Corp (OTCPK:TTMZF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

DAC:Canada

Address

1062 Homer Street, Suite 301, Vancouver, BC, CAN, V6B 2W9

Website

https://www.datablecorp.com

Datable Technology Corp is a Canada-based technology company. It is operating in the consumer Internet advertising sector. It is a provider of digital and social media consumer engagement, data mining, and loyalty solutions. The company's core product is Platform3, a Software-as-a-Service consumer marketing platform, which enables consumer packaged goods companies and consumer brands to engage consumers and influence purchasing decisions through their mobile devices and online. Its geographical segments are Canada and the United States, of which the majority of its revenue comes from the United States.

Datable Technology (Datable Technology) Headlines

From GuruFocus

Datable Provides Update on Revenues and Data Monetization Platform - P(3)Consumer

By PRNewswire PRNewswire • 09-12-2018