Atento S.A (Atento S.A) Momentum Rank : 0 (As of May. 15, 2024)

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What is Atento S.A Momentum Rank?

Atento S.A 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.

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Atento S.A (Atento S.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Atento S.A (OTCPK:ATTOF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, rue Hildegard Von Bingen, Luxembourg, LUX, L-1282

Website

https://www.atento.com

Atento S.A is a provider of customer relationship management (CRM) and business process outsourcing (BPO) services & solutions in Latin America. It offers a range of front and back-end services, including sales, customer care, collections, back-office, and technical support services. Atento provides its services and solutions through digital channels, which include SMS, email, chats, social media and apps, and others, as well as through voice and in-person. Its geographical segments are Brazil, America, and EMEA (Europe, the Middle East, and Africa).