Tribal Rides International (Tribal Rides International) Momentum Rank : 0 (As of Jun. 20, 2024)

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

What is Tribal Rides International Momentum Rank?

Tribal Rides International 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.

Tribal Rides International Momentum Rank Related Terms

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

Tribal Rides International (Tribal Rides International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tribal Rides International Corp (OTCPK:XNDA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

26060 Acero, Mission Viejo, CA, USA, 92691

Website

https://www.tribalrides.us

Tribal Rides International Corp is a transportation technology company creating the future of personal mobility with a, patented focus on autonomous vehicles. It is developing a cloud-based Systems as a Solution (SaaS) interface for a comprehensive social network and mobile application. The company's planned E-commerce module will enable users to create and manage their own personalized transportation experience; to form and/or join groups; collaborate on cost-saving strategies; find, schedule, obtain transportation services from within the groups in which it belong, and easily and securely conduct financial transactions.

Executives

Joseph Grimes	director, 10 percent owner, officer: CEO	6 CLEOME, LADERA RANCH CA 92694
Steven Paul Ritacco	director, officer: Chief Technology Officer	4311 NE 18TH AVE, FT. LAUDERDALE FL 33334
Sanjay Prasad	director	221 MAIN STREET, #496, LOS ALTOS CA 94023
Donald Dewayne Smith	officer: Chief Financial Officer	C/O TRIBAL RIDES INTERNATIONAL, INC., 26060 ACERO, MISSION VIEJO CA 92691