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DataDot Technology (ASX:DDT) Momentum Rank : 0 (As of Jul. 14, 2025)


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What is DataDot Technology Momentum Rank?

DataDot Technology has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

DataDot Technology Momentum Rank Related Terms

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DataDot Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DataDot Technology Ltd (ASX:DDT) » Definitions » Momentum Rank
Comparable Companies
ASX:DTI ASX:SP3 ASX:MSG ASX:TZL OSTO:ASSA B TSE:9735 ALLE OSTO:SECU B SZSE:002236 ADT MSA BCO GEO TSE:2331 BRC OSTO:LOOMIS XTAE:NXSN CXW XKRX:489790 XMAD:PSG
Traded in Other Exchanges
N/A
Address
8 Ethel Ave, Brookvale, Sydney, NSW, AUS, 2100
Website
https://www.datadotdna.com
DataDot Technology Ltd is engaged in the manufacturing and distribution of asset identification solutions that include polymer and metallic microdots, asset registers, manufacturing and distributing high-security datatraceID authentication solutions, to develop and distribute customized solutions combining datadotDNA, datatraceID, asset registration and other technologies. The operating segments of the company are OEMs and Distributors, DataTraceID, Direct Business, and Consumer sales. The company generates the majority of its revenue from OEMs and Distributors segment, which is engaged in the manufacture and wholesale supply of DataDotDNA polymer and metallic microdots to manufacturers (OEMs) for application to their own products.

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