Cnslink Co (XKRX:245450) Momentum Rank : 0 (As of Jun. 14, 2024)

View and export this data going back to 2016. Start your Free Trial

What is Cnslink Co Momentum Rank?

Cnslink Co 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.

Cnslink Co Momentum Rank Related Terms

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

Cnslink Co (XKRX:245450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cnslink Co Ltd (XKRX:245450) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, 16 bungil, Banga-ro, Bundang-gu, 3rd Floor, Mecatech Building, Gyeonggi-do, Kyunggi-do, Seongnam-si, KOR

Website

http://www.cns-link.co.kr

Cnslink Co Ltd is engaged in the business of developing and selling the car-related device and wireless communication (RF). The Company develops mobile dater terminal, car DVR devices, device development and network system engineering technologies. The products offered by the company are car dash cam, LTE routers, Mobile Router, Navigation (MDT), IoTPass, IOTCAM, Kodak battery products and others. The organization sells its products all around the world.

Cnslink Co (XKRX:245450) Headlines

No Headlines