GURUFOCUS.COM » STOCK LIST » Technology » Software » Auddia Inc (NAS:AUUD) » Definitions » Momentum Rank

Auddia (Auddia) Momentum Rank : 1 (As of May. 18, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Auddia Momentum Rank?

Auddia has the Momentum Rank of 1.

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 Auddia's Momentum Rank

For the Software - Application subindustry, Auddia'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.


Auddia's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Auddia's Momentum Rank distribution charts can be found below:

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



Auddia Momentum Rank Related Terms

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


Auddia (Auddia) Business Description

Traded in Other Exchanges
N/A
Address
2100 Central Avenue, Suite 200, Boulder, CO, USA, 80301
Auddia Inc is a technology company that is engaged in radio broadcasts and streaming audio content digitally. Its products include Auddia App which is a subscription-based commercial-free AM/FM software application, and0 Vodacast is an interactive podcasting platform and application. The company generates revenue through subscription fees from customers accessing the company's cloud-based computing services and advertisement services.
Executives
Timothy Jerald Ackerman officer: Chief Financial Officer 2100 CENTRAL AVE, SUITE 200, BOULDER CO 80301
Jeffrey John Thramann director, 10 percent owner, officer: Executive Chairman 8580 STRAWBERRY LANE, NIWOT CO 80503
Brain Joseph Hoff officer: Chief Financial Officer 5755 CENTRAL AVE., SUITE C, BOULDER CO 80301
Thomas Carl Birch director 7120 TRENTON RIDGE CT., RALEIGH NC 27613
Stephen Deitsch director 1600 BROADWAY, SUITE 700, DENVER CO 80202
Richard W Liebman officer: Chief Financial Officer 5755 CENTRAL AVE, SUITE C, BOULDER CO 80301
Michael Thomas Lawless director, officer: Chief Executive Officer 4383 SCARSDALE PLACE, BOULDER CO 80301
Timothy J. Hanlon director 1040 BRECKENRIDGE AVE., LAKE FOREST IL 60045
Peter Shoebridge officer: Chief Technology Officer 5755 CENTRAL AVE, SUITE C, BOULDER CO 80301
Richard Michael Minicozzi 10 percent owner 6008 HOOD HOLLOW, AUSTIN TX 78731