Real Matters (TSX:REAL) Momentum Rank : 7 (As of May. 11, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Real Matters Momentum Rank?

Real Matters has the Momentum Rank of 7.

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 Real Matters's Momentum Rank

For the Real Estate Services subindustry, Real Matters'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.

Real Matters's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Real Matters's Momentum Rank distribution charts can be found below:

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

Real Matters Momentum Rank Related Terms

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

Real Matters (TSX:REAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Matters Inc (TSX:REAL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

RLLMF:USA

Address

50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8

Website

https://www.realmatters.com

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.