GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JRjr33 Inc (OTCPK:JRJRQ) » Definitions » Momentum Rank

JRjr33 (JRjr33) Momentum Rank : 0 (As of Jun. 09, 2024)


View and export this data going back to 1997. Start your Free Trial

What is JRjr33 Momentum Rank?

JRjr33 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.


JRjr33 Momentum Rank Related Terms

Thank you for viewing the detailed overview of JRjr33's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


JRjr33 (JRjr33) Business Description

Traded in Other Exchanges
N/A
Address
2950 North Harwood Street, 22nd Floor, Dallas, TX, USA, 75201
JRjr33 Inc is a part of the retail industry in the United States. It looks to be a platform of multiple direct-to-consumer brands, a place where independent sales representatives in markets around the world can pursue earning opportunities at their own pace, using company-provided IT systems. The company operates through segments, such as Gourmet Food, which consists operations related to the production and sale of hand-crafted spices, oils, and other food products; Home Decor, which deals with operations related to the production and sale of premium hand-crafted baskets and Nutritionals and Wellness, which is responsible for selling of nutritional supplements and skin care products.
Executives
John P Rochon director, 10 percent owner, officer: Chief Executive Officer 2400 NORTH DALLAS PARKWAY, PLANO TX 75093
Asher Zwebner officer: CFO CDOOR CORPORATION, 20 A REHOV SHAREI TORAH BAYIT VEGAN, JERUSALEM L3 96387

JRjr33 (JRjr33) Headlines

No Headlines