GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ITOXI Corp (XKRX:052770) » Definitions » Momentum Rank

ITOXI (XKRX:052770) Momentum Rank : 0 (As of Jun. 12, 2024)


View and export this data going back to 2002. Start your Free Trial

What is ITOXI Momentum Rank?

ITOXI 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.

ITOXI Momentum Rank Related Terms

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

ITOXI (XKRX:052770) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ITOXI Corp (XKRX:052770) » Definitions » Momentum Rank
Comparable Companies
XKRX:208640 XKRX:109960 XKRX:035620 XKRX:023770 XKRX:047080 XKRX:205500 XKRX:030350 XKRX:348030 XKRX:223220 XKRX:276040 ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
N/A
Address
541 Dosan-Daero, 11th Floor, Seshin Building, Gangnam-Gu, Seoul, KOR
Website
http://www.ydonline.co.kr
ITOXI Corp, formerly YD Online Corp is engaged in offering mobile games and online games. Some of the games are Lookism, God of Highschool, Line Bleach, and others.

ITOXI (XKRX:052770) Headlines

No Headlines