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Datacolor AG (XSWX:DCN) Momentum Rank : 0 (As of May. 01, 2024)


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What is Datacolor AG Momentum Rank?

Datacolor AG 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.

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Datacolor AG (XSWX:DCN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Datacolor AG (XSWX:DCN) » Definitions » Momentum Rank
Comparable Companies
XSWX:BSLN XSWX:BANB XSWX:TXGN XSWX:MOVE XSWX:YPSN XSWX:SKAN XSWX:DAE XSWX:ELMN XSWX:VACN XSWX:DOKA TSE:6861 OSTO:HEXA B FTV GRMN KEYS TDY TRMB COHR MKSI TSE:7701
Traded in Other Exchanges
N/A
Address
Grundstrasse 12, Rotkreuz, CHE, 6343
Website
https://www.datacolor.com
Datacolor AG provides digital color management solutions and supplies software, hardware, and other services for accurate color reproduction of materials, products, and photographs. Geographically the company exports its services to Europe, Americas, and the Asia Pacific. The Asia Pacific region generates maximum revenue for the company. Some of its products include SpectraVision V, Spectro 1000X, Spyder X2 SpyderCheckr, , Colibri Analytics and ColorReader.

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