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Black Box Entertainment (Black Box Entertainment) Momentum Rank : 6 (As of Jun. 11, 2024)


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What is Black Box Entertainment Momentum Rank?

Black Box Entertainment has the Momentum Rank of 6.

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 Black Box Entertainment's Momentum Rank

For the Shell Companies subindustry, Black Box Entertainment'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.


Black Box Entertainment's Momentum Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Black Box Entertainment's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Black Box Entertainment's Momentum Rank falls into.



Black Box Entertainment Momentum Rank Related Terms

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Black Box Entertainment (Black Box Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen's Road Central, The Center, Room 2210, 22F, Hong Kong, HKG, 6719
Black Box Entertainment Ltd intends to develop a business, seek for a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the gaming industry relating to offline and online immersive, role-play games.
Executives
David Graham Foot director 7F ROBINSON CYBERGATE, CEBU CITY R6 6000
Joseph S Duryea officer: President 13424 BEDFORD AVE, OMAHA NE 68164
Michael Palasick officer: CFO 14204 HARVINGTON DR., HUNTERSVILLE NC 28078
Aina Mae Dumlao-johns director, 10 percent owner, officer: Secretary #1 COMPUND, WHITE HILLS, CEBU R6 00000
Christopher S Johns director, 10 percent owner, officer: CEO #1 COMPUND, WHITE HILLS, CEBU R6 00000

Black Box Entertainment (Black Box Entertainment) Headlines

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