VENZF (Venzee Technologies) Momentum Rank : 8 (As of Dec. 12, 2024)

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

What is Venzee Technologies Momentum Rank?

Venzee Technologies has the Momentum Rank of 8.

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.

Competitive Comparison of Venzee Technologies's Momentum Rank

For the Software - Infrastructure subindustry, Venzee Technologies'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.

Venzee Technologies's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Venzee Technologies's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Venzee Technologies's Momentum Rank falls into.

Venzee Technologies Momentum Rank Related Terms

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

Venzee Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Venzee Technologies Inc (OTCPK:VENZF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VENZ:Canada

Address

422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.venzee.com

Venzee Technologies Inc is engaged in developing software infrastructure retailers. It develops and markets a cloud-based platform that suppliers and manufacturers from multiple industries use to share their product information and inventory updates, in real-time, with their retailers. The company operates in one operating segment, which is a cloud-based platform solution targeted to online retailers and vendors. Geographically, the company has customers in the United States and other regions.