Madison Ave Media (Madison Ave Media) Momentum Rank : 0 (As of May. 19, 2024)

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What is Madison Ave Media Momentum Rank?

Madison Ave Media 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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Madison Ave Media (Madison Ave Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Ave Media Inc (GREY:KHZM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Orange Avenue, Suite 201, Coronado, CA, USA, 92118

Website

https://www.madisonavemedia.com

Madison Ave Media Inc is a Delaware Corporation. It is a digital media company that offers an array of marketing technologies and services to clients in multiple industries. Its technology and services bring marketing, communications and advertising solutions to clients. It specializes in marketing for small business owners and medical professionals, specifically dermatology, dentistry, and plastic surgery.

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