GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ISPD Network (XPAR:ALISP) » Definitions » Momentum Rank

ISPD Network (XPAR:ALISP) Momentum Rank : 3 (As of May. 18, 2024)


View and export this data going back to 2007. Start your Free Trial

What is ISPD Network Momentum Rank?

ISPD Network has the Momentum Rank of 3.

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.


Competitive Comparison of ISPD Network's Momentum Rank

For the Advertising Agencies subindustry, ISPD Network's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ISPD Network's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ISPD Network's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ISPD Network's Momentum Rank falls into.



ISPD Network Momentum Rank Related Terms

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


ISPD Network (XPAR:ALISP) Business Description

Traded in Other Exchanges
N/A
Address
C/ Apolonio Morales 13C, Madrid, ESP, 28036
ISPD Network formerly Antevenio SA operates in the online marketing industry. The company specializes in performance and brand marketing. It has two reporting segments: Online Advertising segment is managed within the group, covering the advertising activities provided to the company's customers; and Technology services, this activity relates to the servicing of emailing and SMS platform, media and consumer intelligence and e-commerce consultancy platform.. The company offers advertising, content marketing, and cross-channel technology solutions. It generates a majority of its revenue from the Online Advertising Segment.

ISPD Network (XPAR:ALISP) Headlines

No Headlines