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


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What is Enherent Momentum Rank?

Enherent 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.


Enherent Momentum Rank Related Terms

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Enherent (Enherent) Business Description

Traded in Other Exchanges
N/A
Address
6800 Jericho Turnpike, Suite 116E, Syosset, NY, USA, 11791
Enherent Corp is an information technology company. It provides consulting services and solutions firm, committed to delivering solutions with tangible business results to the enterprise, mid-market, and government clients. The company specializes in System Development and Infrastructure Services and Solutions. Enherent provides services throughout the east coast with a concentration in the New York, New Jersey, Connecticut and Washington D.C.
Executives
Faith Griffin director 192 LEXINGTON AVENUE, NEW YORK NY 10016
Lori Lynn Stanley officer: Secretary and General Counsel 192 LEXINGTON AVENUE NEW YORK NY 10016
Tudor Investment Corp Et Al 10 percent owner 200 ELM STREET, STAMFORD CT 06901
Jones Paul Tudor Ii other: Chairman of Tudor C/O TUDOR INVESTMENT CORP, 1275 KING ST, GREENWICH CT 06831
James J Pallotta other: Member of Group C/O RAPTOR CAPITAL MANAGEMENT LP, 280 CONGRESS, 12TH FLOOR, BOSTON MA 02210
Karl Brenza officer: Chief Financial Officer 26 CHERRY STREET, KATONAH NY 10536

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