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Presto Automation (Presto Automation) Momentum Rank : 0 (As of May. 26, 2024)


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What is Presto Automation Momentum Rank?

Presto Automation 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.


Presto Automation Momentum Rank Related Terms

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Presto Automation (Presto Automation) Business Description

Traded in Other Exchanges
N/A
Address
985 Industrial Road, San Carlos, CA, USA, 94070
Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.
Executives
Keith E Kravcik director 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Dan Mosher officer: Chief Revenue Officer 810 HAMILTON STREET, REDWOOD CITY CA 94063
Justin Foster officer: Chief Revenue Officer PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Cleveland Avenue Food & Beverage Fund Ii, Lp 10 percent owner 222 N. CANAL STREET, CHICAGO IL 60606
Nathan Cook officer: Interim CFO PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Xavier Casanova officer: CHIEF OPERATING OFFICER PRESTO AUTOMATION INC., 985 INDUSTRIAL ROAD, SAN CARLOS CA 94070
Rajat Suri 10 percent owner 525 MIDDLEFIELD ROAD, SUITE 250, MENLO PARK CA 94025
Stanley Mbugua officer: Chief Accounting Officer SKILLZ INC, PO BOX 455, SAN FRAN CA 94104
Scott David Raskin director QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Gail Zauder director 122 EAST 82ND STREET, NEW YORK NY 10028
Kim A Lopdrup director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Jonas Grossman director, 10 percent owner 17 STREET, SUITE 1600, NEW YORK NY 10004
Ashish Ram Gupta officer: Chief Financial Officer 810 HAMILTON STREET, REDWOOD CITY CA 94063
William Robert Healey officer: Chief Technology Officer 810 HAMILTON STREET, REDWOOD CITY CA 94063
Romulus Elc B3 Special Opportunity, L.p. 10 percent owner 307 HARVARD STREET, CAMBRIDGE MA 02139