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Trenchant Technologies Capital (XCNQ:AITT) Momentum Rank : 0 (As of Apr. 18, 2025)


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What is Trenchant Technologies Capital Momentum Rank?

Trenchant Technologies Capital has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Trenchant Technologies Capital Momentum Rank Related Terms

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Trenchant Technologies Capital Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trenchant Technologies Capital Corp (XCNQ:AITT) » Definitions » Momentum Rank
Comparable Companies
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Traded in Other Exchanges
AITTF:USA 5730:Germany
Address
1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9
Website
https://www.trenchanttechcap.com
Trenchant Technologies Capital Corp is a Canada-based investment issuer. The company offers investors a means to participate in private equity opportunities through an investment structure that provides liquidity. It focuses on companies engaged in Artificial Intelligence and Quantum Computing and traditional businesses predominantly in the medical, biomedical, and technologies sectors.
Executives
Eric Boehnke Director

Trenchant Technologies Capital Headlines

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