NextTrip (NextTrip) Momentum Rank : 2 (As of May. 27, 2024)

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What is NextTrip Momentum Rank?

NextTrip has the Momentum Rank of 2.

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 NextTrip's Momentum Rank

For the Travel Services subindustry, NextTrip'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.

NextTrip's Momentum Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, NextTrip's Momentum Rank distribution charts can be found below:

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

NextTrip Momentum Rank Related Terms

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

NextTrip (NextTrip) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NextTrip Inc (NAS:NTRP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

3900 Paseo del Sol, Santa Fe, NM, USA, 87507

Website

https://www.sigmaadditive.com

Sigma Additive Solutions Inc is a leading provider of in-process quality assurance (IPQA) software to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics solutions known as PrintRite3D for 3D metal and polymer advanced manufacturing technologies. Its principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry.

Executives

Mark Ruport	director, officer: Executive Chairman	5575 MARK DABLING BLVD, SUITE 100, COLORADO SPRINGS CO 80919
Stephan Kuehr	officer: GM of European Operations	LEONHARDYWEG 30, BERLIN 2M 10121
Jacob Brunsberg	officer: Sr VP Product Mgt/Strat Rel	3900 PASEO DEL SOL, SANTA FE NM 87507
Carl I. Schwartz	10 percent owner	20155 N.E. 38TH COURT, UNIT 3104, AVENTURA FL 33180
Frank Orzechowski	officer: CFO, PFO and PAO	3900 PASEO DEL SOL, SANTA FE NM 87507
Darren Beckett	officer: Vice President of Engineering	3900 PASEO DEL SOL, SANTA FE NM 87507
Kent J Summers	director	13 ONONDAGA LANE, MEDFIELD MA 02052
Mark Cola	director, officer: President, CEO and COO	3900 PASEO DEL SOL, SANTA FE NM 87507
Nannette Toups	officer: CFO, PFO and PAO	C/O SIGMA LABS, INC., 3900 PASEO DEL SOL, SANTA FE NM 87507
Salvatore F Battinelli	director	5 CLIFTON AVENUE, MARBLEHEAD MA 01945
Dennis Duitch	director	150 E PALMETTO PARK ROAD, SUITE 510, BOCA RATON FL 33432
John Reynolds Rice	director	3900 PASEO DEL SOL, SANTA FE NM 87507
Fisher Ronald Kenneth Jr	officer: Vice President of Business Dev	3900 PASEO DEL SOL, SANTA FE NM 87507
Frank J Garofalo	director	3900 PASEO DEL SOL, SANTA FE NM 87507
Amanda Cola	officer: VP of Finance and Business Ops	3900 PASEO DEL SOL, SANTA FE NM 87507