Bezeq The Israeli Telecommunication (XTAE:BEZQ) Momentum Rank : 0 (As of Jun. 10, 2024)

View and export this data going back to 1990. Start your Free Trial

What is Bezeq The Israeli Telecommunication Momentum Rank?

Bezeq The Israeli Telecommunication 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.

Bezeq The Israeli Telecommunication Momentum Rank Related Terms

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

Bezeq The Israeli Telecommunication (XTAE:BEZQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Bezeq The Israeli Telecommunication Corp Ltd (XTAE:BEZQ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BZQIY:USA

Address

132 Menachem Begin Avenue, Azrieli Center, (Triangle Tower), 27th Floor, Tel Aviv, ISR, 61620

Website

https://www.bezeq.co.il

Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services. The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue. Pelephone derives revenue from the provision of mobile services. Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively. The company owns telecommunications infrastructure, such as fibre networks. It generates the vast majority of its revenue in Israel.

Bezeq The Israeli Telecommunication (XTAE:BEZQ) Headlines

No Headlines