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iQSTEL (iQSTEL) Momentum Rank : 9 (As of Apr. 24, 2024)


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What is iQSTEL Momentum Rank?

iQSTEL has the Momentum Rank of 9.

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 iQSTEL's Momentum Rank

For the Telecom Services subindustry, iQSTEL'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.


iQSTEL's Momentum Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, iQSTEL's Momentum Rank distribution charts can be found below:

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



iQSTEL Momentum Rank Related Terms

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


iQSTEL (iQSTEL) Business Description

Traded in Other Exchanges
N/A
Address
300 Aragon Avenue, Suite 375, Coral Gables, FL, USA, 33134
iQSTEL Inc is a technology company offering a wide array of services to the telecom and Internet industry. along with its subsidiary the firm offers international long-distance voice services for Tier-1 worldwide telco carriers (ILD Wholesale) and submarine fiber optic network capacity for data carriers and internet service providers both land-based and mobile (4G and 5G). Geographically, it derives a majority of its revenue from the USA.
Executives
Oscar A Brito director, 10 percent owner 888 BRICKELL KEY DRIVE, 1102, MIAMI FL 33131
Carlos Daniel Silva 10 percent owner MARTIN CORONADO 3260 PISO 2O OF 212, BUENOS AIRES C1 1425
Alvaro Quintana Cardona director, officer: COO and CFO 18650 NE 28TH CT., AVENTURA FL 33180
Leandro Jose Iglesias director, 10 percent owner, officer: President, CEO, Chairperson AVENIDA DE ARTEIXO 21, 1-IZQ, LA CORU?A U3 15004
Lopez Silva Juan Carlos officer: Chief Commercial Officer CALLE 99 #56?41 APTO. 602, BARRANQUILLA F8 080014