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OurLiving AB (XSAT:OURLIV) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is OurLiving AB Momentum Rank?

OurLiving AB 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.

OurLiving AB Momentum Rank Related Terms

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OurLiving AB (XSAT:OURLIV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » OurLiving AB (XSAT:OURLIV) » Definitions » Momentum Rank
Comparable Companies
XSAT:HUBSO XSAT:VAXXA XSAT:HOODIN XSAT:COMINT NGM:TIRO XSAT:OMNI OSTO:COMPDM XSAT:PROVIT OSTO:ZAPLOX OSTO:KILI CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
Carlsgatan 12A, Floor 6B, Malmo, SWE, 211 20
Website
https://www.ourliving.se
OurLiving AB is a software company that provides turnkey SaaS services for the digitization of construction, management, and housing. It has developed a software platform for digitization in the construction and real estate industry for housing developers, property managers, condominium associations, and private individuals with functions that support the entire customer journey from marketing and sales to occupancy and aftermarket.

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