SPYR Technologies (SPYR Technologies) Momentum Rank : 0 (As of Jun. 08, 2024)

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What is SPYR Technologies Momentum Rank?

SPYR Technologies 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.

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SPYR Technologies (SPYR Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SPYR Technologies (OTCPK:SPYR) » Definitions » Momentum Rank

Comparable Companies

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Traded in Other Exchanges

N/A

Address

6700 Woodlands Parkway, Suite 230, No. 331, The Woodlands, TX, USA, 77382

Website

https://www.spyr.com

SPYR Technologies is a diversified technology company. The company develops products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries. The Company operates two segments in the Internet of Things (IoT) market. The company through its wholly-owned subsidiary GeoTraq division, develop and manufacture entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring.

Executives

Timothy Matula	director, officer: CEO	175 JACKSON AVE N, SUITE 102, MINNEAPOLIS MN 55343
Tad M Mailander	director	4811 49TH STREET, SAN DIEGO CA 92115
Barry D Loveless	officer: CFO	4643 S ULSTER ST. SUITE 1510, DENVER CO 80237
Jennifer Devon Duettra	officer: Executive Vice President	8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112
James Richard Thompson	officer: President & CEO	8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112