Two Hands (Two Hands) Momentum Rank : 0 (As of Jun. 23, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Two Hands Momentum Rank?

Two Hands 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.

Two Hands Momentum Rank Related Terms

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

Two Hands (Two Hands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Two Hands Corp (OTCPK:TWOH) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TWOH:Canada

Address

1035 Queensway East, Mississauga, ON, CAN, L4Y 4C1

Website

https://www.twohandsgroup.com

Two Hands Corporation is a custom application development company in the digital technologies sector. The company delivers diversified solutions to companies in North America. It has three business divisions namely gocart.city, Grocery Originals, and Cuore Food Services. gocart.city is the company's online delivery marketplace, allowing consumers to shop online and have their groceries delivered. Grocery Originals is the company's brick-and-mortar grocery store located in Mississauga Ontario at the site of the company's warehouse. Cuore Food Services is the company's wholesale food distribution branch.

Executives

Steven Gryfe	officer: Chief Financial Officer	558 ATLAS AVENUE, TORONTO A6 M6C3R6
Ryan M. Wilson	director	42 MUSCAT CRES., AJAX A6 L1Z0B9
Nadav Elituv	director, 10 percent owner, officer: CEO, Pres, Sec & Treasurer	373 JOICEY BLVD., NORTH YORK A6 M5M2W2
Bradley Southam	director	33-310 CHRISTOPHER DRIVE, CAMBRIDGE A6 N1P1B4
Shuttle Digital Solutions Inc	10 percent owner	250 YONGE STREET, SUITE 2201, TORONTO A6 M5B2L7