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Frelii (Frelii) Momentum Rank : 0 (As of Jun. 04, 2024)


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What is Frelii Momentum Rank?

Frelii 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.

Frelii Momentum Rank Related Terms

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Frelii (Frelii) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Frelii Inc (GREY:FRLI) » Definitions » Momentum Rank
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Traded in Other Exchanges
N/A
Address
2701 North Thanksgiving Way, Suite 100, Lehi, UT, USA, 84043
Website
http://www.frelii.com
Frelii Inc is a United States-based company engaged in offering web-based subscription service providing personalized nutrition and wellness plans on user's genetic data. It provides an artificial intelligence-based algorithm which generates accurate and valuable insight about individual health risks. The company's algorithm, through a web-based questionnaire, and upload of the user's raw genetic data identifies areas of potential health risk and generates a preventative action plan. The plan includes a personalized nutrition and fitness plan, and nutritional supplement recommendations. In addition, the company also offers nutritional and vitamin supplements. Its product portfolio includes KDIR, BLDB tonic, Keotone-Cocoa, CTV, and others.