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Amesite (Amesite) Momentum Rank : 5 (As of May. 14, 2024)


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What is Amesite Momentum Rank?

Amesite has the Momentum Rank of 5.

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 Amesite's Momentum Rank

For the Software - Application subindustry, Amesite'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.


Amesite's Momentum Rank Distribution in the Software Industry

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

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



Amesite Momentum Rank Related Terms

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


Amesite (Amesite) Business Description

Traded in Other Exchanges
N/A
Address
607 Shelby Street, Suite 700, PMB 214, Detroit, MI, USA, 48226
Amesite Inc is an artificial intelligence-driven platform and course designer that rapidly provides customized, high performance and scalable online products for schools and businesses. The company helps educational institutions and businesses improve learning as their technology partner, delivering a disruptive technology-driven by AI and offers a constellation of services that help partners implement new programs, and improve existing ones. Its customers are businesses, universities and colleges, and K-12 schools.
Executives
Ann Marie Sastry director, officer: Chief Executive Officer C/O LOLA ONE ACQUISITION CORPORATION, 2255 GLADES ROAD, SUITE 324A, BOCA RATON FL 33431
Gilbert S Omenn director AMGEN INC., ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
J Michael Losh director H.B. FULLER COMPANY, P.O. BOX 64683, ST. PAUL MN 55164-0683
Richard Ogawa director 2953 BUNKER HILL LANE, SUITE 300, SANTA CLARA CA 95054
Anthony M. Barkett director C/O LOLA ONE ACQUISITION CORPORATION, 2255 GLADES ROAD, SUITE 324A, BOCA RATON FL 33431
George Parmer director 102 WEST BAKER STREET, PLANT CITY FL 33563
Sherrie Farrell officer: Chief Financial Officer 607 SHELBY STREET, SUITE 700, PMB 214, DETROIT MI 48226
Mark Corrao officer: Chief Financial Officer 531 AIRPORT NORTH OFFICE PARK, FORT WAYNE IN 46825
Mark N. Tompkins 10 percent owner APP. 1, VIA GUIDINO 23, LUGANO-PARADISO V8 6900
Matthew Kern officer: Chief Financial Officer 607 SHELBY STREET, SUITE 700 PMB 214, DETROIT MI 48226
Richard D. Dibartolomeo officer: Chief Financial Officer C/O AMESITE INC., 205 EAST WASHINGTON STREET, SUITE B, ANN ARBOR MI 48104
Barbie Brewer director 205 EAST WASHINGTON STREET, SUITE B, ANN ARBOR MI 48104