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Sekur Private Data (XCNQ:SKUR) Momentum Rank : 0 (As of Jun. 06, 2024)


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What is Sekur Private Data Momentum Rank?

Sekur Private Data 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.

Sekur Private Data Momentum Rank Related Terms

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Sekur Private Data (XCNQ:SKUR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Sekur Private Data Ltd (XCNQ:SKUR) » Definitions » Momentum Rank
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Traded in Other Exchanges
SWISF:USA GDT0:Germany
Address
100 King Street West, Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Website
https://www.sekurprivatedata.com
Sekur Private Data Ltd is a software company. It is a distributor and license holder of secure cloud-based storage, document management, encrypted emails, and secure communication tools. The products of the company include Digital Safe, Priva Talk, and Sekur. The company sells the products through resellers and other distribution channels such as managed service providers, Internet service providers, and telecommunication companies.
Executives
Claudio Paolo Raffaele Alberti Director

Sekur Private Data (XCNQ:SKUR) Headlines

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