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Firsthand Technology Value Fund (NAS:SVVC) Momentum Rank

: 4 (As of Today)
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Firsthand Technology Value Fund has the Momentum Rank of 4.

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.


Firsthand Technology Value Fund (NAS:SVVC) Momentum Rank Competitive Comparison

For the Asset Management subindustry, Firsthand Technology Value Fund'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.

   

Firsthand Technology Value Fund (NAS:SVVC) Momentum Rank Distribution

For the Asset Management industry and Financial Services sector, Firsthand Technology Value Fund's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Firsthand Technology Value Fund's Momentum Rank falls into.



Firsthand Technology Value Fund Momentum Rank Related Terms

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


Firsthand Technology Value Fund (NAS:SVVC) Business Description

Firsthand Technology Value Fund logo
Traded in Other Exchanges
N/A
Address
150 Almaden Boulevard, Suite 1250, San Jose, CA, USA, 95113
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. Its portfolio is primarily composed of equity and equity derivative securities of technology and cleantech companies. Its primary focus is to invest in illiquid private technology and cleantech companies. It may also invest in micro-cap publicly traded companies.
Executives
Landis Kevin M director, officer: President 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Billawala Omar officer: CFO 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Petredis Nicholas P director 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Full Value Offshore Fund, Ltd. 10 percent owner C.O MAPLES CORPORATE SERVICES LIMITED P.O. BOX 309, UGLAND HOUSE GRAND CAYMAN E9 KY1-1104
Opportunity Income Plus Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Mcm Opportunity Partners Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Full Value Special Situations Fund Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Mercury Partners L P 10 percent owner 5650 EL CAMINO REAL SUITE 155 CARLSBAD CA 92008
Opportunity Partners Lp 10 percent owner PARK 80 WEST - PLAZA TWO 250 PEHLE AVE., SUITE 708 SADDLE BROOK NJ 07663
Full Value Partners Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE. SUITE 708 SADDLE BROOK NJ 07663
Steady Gain Partners Lp 10 percent owner 2000 ROYAL COURT UNIT 2315 NORTH HILLS NY 11040
Bulldog Investors General Partnership 10 percent owner PARK 80 WEST, 250 PEHLE AVENUE SUITE 708 SADDLE BROOK NJ 07663
Calapasas West Partners Lp 10 percent owner PARK 80 WEST, 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Dakos Andrew 10 percent owner 250 PEHLE AVE. SUITE 708 SADDLE BROOK NJ 07663
Samuels Steven 10 percent owner 72 COLEYTOWN ROAD WESTPORT CT 06882
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