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Latent View Analytics (BOM:543398) Momentum Rank : 0 (As of Jun. 06, 2024)


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What is Latent View Analytics Momentum Rank?

Latent View Analytics 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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Latent View Analytics (BOM:543398) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Latent View Analytics Ltd (BOM:543398) » Definitions » Momentum Rank
Comparable Companies
BOM:543284 NSE:REPL BOM:543991 BOM:543234 BOM:541735 BOM:543897 BOM:501622 BOM:531834 BOM:531259 VRSK LSE:EXPN EFX BAH XSWX:SGSN XPAR:BVI TRU FCN TSE:6532 XSWX:DKSH SZSE:300012
Traded in Other Exchanges
LATENTVIEW:India
Address
5th Floor, Neville Tower, Unit 6,7 and 8, Ramanujan IT City, Rajiv Gandhi Salai, Taramani, Chennai, TN, IND, 600113
Website
https://www.latentview.com
Latent View Analytics Ltd provides analytics services such as data and analytics consulting, business analytics and insights, advanced predictive analytics, data engineering, and digital solutions. The company provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industry domains.

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