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Investor Bg (XBUL:IBG) Momentum Rank : 0 (As of Sep. 25, 2024)


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What is Investor Bg Momentum Rank?

Investor Bg 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.

Investor Bg Momentum Rank Related Terms

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Investor Bg Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Investor Bg (XBUL:IBG) » Definitions » Momentum Rank
Comparable Companies
GOOGL FB HKSE:00700 XAMS:PRX JSE:NPN NTES BIDU SPOT TWLO XKRX:035420 TWTR SNAP MTCH IAC TME XTER:DHER XKRX:035720 SZSE:300059 YNDX ZG
Traded in Other Exchanges
N/A
Address
Brussels Boulevard 1, Sofia, BGR, 1540
Website
http://www.ibg.bg
Investor Bg is an internet media Company providing online information, entertainment, and Internet services. It owns and operates websites for other companies. Its portfolio includes undertaking marketing and advertising activities for their clients.

Investor Bg Headlines