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Plot Twist (WAR:PLT) Momentum Rank : 0 (As of May. 27, 2024)


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What is Plot Twist Momentum Rank?

Plot Twist 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.

Plot Twist Momentum Rank Related Terms

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Plot Twist (WAR:PLT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Plot Twist SA (WAR:PLT) » Definitions » Momentum Rank
Comparable Companies
WAR:THD WAR:MAN WAR:SIM WAR:UNL WAR:NOB WAR:ECC WAR:IPW WAR:TGS WAR:RST WAR:QUB ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
N/A
Address
ul. Sw. Krzyza 11/4, Krakow, POL, 31-028
Website
https://www.plottwist.games
Plot Twist SA is a polish based independent video game producing company whose operational activities are based on the creation of original video games. The company creates games for PC, PlayStation and Xbox, as well as mobile games.

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