Astika Holdings (Astika Holdings) Momentum Rank : 0 (As of Jun. 10, 2024)

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What is Astika Holdings Momentum Rank?

Astika Holdings 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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Astika Holdings (Astika Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Astika Holdings Inc (OTCPK:ASKH) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

703 Rosebank Road, Level 1, Avondale, Auckland, NZL, 1348

Website

Astika Holdings Inc is not engaged in any business activity and is preparing to relaunch the company through one or more strategic acquisitions in the textile, service and industrial sectors in Asia and New Zealand.

Executives

Eugene B Settler	director, officer: President, CEO & Treasurer
Aline Parrish	10 percent owner	631 JEFFERSON AVENUE UNIT 305 MIAMI BEACH FL 33139
Stephen J Ratelle	director	6393 BUCKAROO AVENUE LAS VEGAS NV 89108
Jack Alvo	director, officer: Secretary	7000 WEST PALMETTO PARK ROAD SUITE 409 BOCA RATON FL 33433
Iq Acquisition (ny) Ltd.	10 percent owner	LEVEL 1, 725 ROSEBANK ROAD AVONDALE, 1348 AUCKLAND Q2 00000

Astika Holdings (Astika Holdings) Headlines

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