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Global Dominion Access (XMAD:DOM) Momentum Rank : 4 (As of May. 21, 2024)


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What is Global Dominion Access Momentum Rank?

Global Dominion Access has the Momentum Rank of 4.

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 Global Dominion Access's Momentum Rank

For the Information Technology Services subindustry, Global Dominion Access'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.


Global Dominion Access's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Global Dominion Access's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Global Dominion Access's Momentum Rank falls into.



Global Dominion Access Momentum Rank Related Terms

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Global Dominion Access (XMAD:DOM) Business Description

Traded in Other Exchanges
Address
3 Pío Baroja Place. 1st Floor, Bilbao, ESP, 48001
Global Dominion Access SA provides multi-technical services and engineering solutions. The company provides its services and solutions to telecom, banking, education, and the healthcare industry. Its business activity is functioned through two segments namely Multi-technological Services; and Solutions and Specialized Engineering segments. The group derives the majority of revenue from Multi-technological Services which is engaged in design, implementation, and maintenance of fixed and mobile telecommunications networks manages sales and distribution processes for telecommunications carriers, maintenance, repair and renovation services for industrial and energy firms.

Global Dominion Access (XMAD:DOM) Headlines

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