VK Co (MLRUY) Momentum Rank : 1 (As of May. 18, 2024)

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What is VK Co Momentum Rank?

VK Co has the Momentum Rank of 1.

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 VK Co's Momentum Rank

For the Internet Content & Information subindustry, VK Co'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.

VK Co's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, VK Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where VK Co's Momentum Rank falls into.

VK Co Momentum Rank Related Terms

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VK Co (MLRUY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » VK Co Ltd (OTCPK:MLRUY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

28th Oktovriou, 365, Office 402, Neapoli, Vashiotis Seafront, Limassol, CYP, 3107

Website

https://vk.company

International Co PJS Co VK is engaged in developing the ecosystem helping people with their day-to-day needs online. The ecosystem enables people to keep in touch (using social networks OK and VKontakte, messaging apps, and email service), play video games (via MY.GAMES), get and offer items and services, browse jobs and hire talent (via Youla and VK Jobs), order food and grocery delivery (via Delivery Club, Samokat and Local Kitchen), get a ride (with Citymobil and City drive), master new skills (at GeekBrains, Skillbox, and other educational services), buy and sell at AliExpress Russia and fulfill other needs.

VK Co (MLRUY) Headlines

From GuruFocus

MY.GAMES Announces 46% Global Revenue Growth in Q2 2020

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2020 is a Year of Growth and Consolidation for MY.GAMES as Revenue Increases by 30% Reaching $0.5BN

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