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Marti Technologies (Marti Technologies) Momentum Rank : 0 (As of May. 16, 2024)


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What is Marti Technologies Momentum Rank?

Marti Technologies 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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Marti Technologies (Marti Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2001 S Street NW, Suite 320, Washington, DC, USA, 20009
Marti Technologies Inc is a mobility app, operating a fleet of over 48,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure.
Executives
Adam S Metz director 110 NORTH WACKER DRIVE, CHICAGO IL 60606
Shelley Guiley director 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Kemal Kaya director, officer: Chief Executive Officer 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Michael Tanzer officer: Chief Financial Officer 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Daniel Freifeld director, 10 percent owner, officer: President and CIO 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Galata Acquisition Sponsor Llc 10 percent owner 2001 S STREET NW, SUITE 320, WASHINGTON DC 20009
Timothy Michael Shannon director 2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009

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