Inzisoft Co (XKRX:100030) Momentum Rank : 10 (As of Jun. 24, 2024)

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What is Inzisoft Co Momentum Rank?

Inzisoft Co has the Momentum Rank of 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.

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

Competitive Comparison of Inzisoft Co's Momentum Rank

For the Software - Application subindustry, Inzisoft Co'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.

Inzisoft Co's Momentum Rank Distribution in the Software Industry

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

* The bar in red indicates where Inzisoft Co's Momentum Rank falls into.

Inzisoft Co Momentum Rank Related Terms

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Inzisoft Co (XKRX:100030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Inzisoft Co Ltd (XKRX:100030) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

131 Teheran-ro, Gangnam-gu, 16th Floor, Korea Intellectual Property Center, Seoul, KOR, 06133

Website

http://www.inzisoft.com

Inzisoft Co Ltd is a Korea based financial solution company. Its activities include software development and supply business. The company offered products include Electronic document which includes format editor, form management server, and electronic document creator; Optical character recognition (OCR) such as server OCR and mobile OCR; Robotic process automation (RPA) like studio, robot and manager; and Others including HTML5 viewer and the image server. Some of the solutions offered by the organization are digital window system, outdoor sales and confirm non-confidential person.

Inzisoft Co (XKRX:100030) Headlines

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