BayCurrent Consulting (BayCurrent Consulting) Momentum Rank : 0 (As of Jun. 10, 2024)

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What is BayCurrent Consulting Momentum Rank?

BayCurrent Consulting 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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BayCurrent Consulting (BayCurrent Consulting) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BayCurrent Consulting Inc (OTCPK:BYCRF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

6532:Japan

Address

23-1, Toranomon 1-Chome, Toranomon Hills Mori Tower, 9th floor, Minato-ku, Tokyo, JPN, 105-6309

Website

http://www.baycurrent.co.jp

BayCurrent Consulting Inc offers comprehensive consulting services in a wide variety of industries. It offers Strategy Business Process Consulting, Information Technology (IT) Consulting, and System Integration. The Strategy Business Process Consulting covers company or business strategy, M&A alliances, digital strategy, turn-around, globalization, innovation, and marketing or sales strategy. The IT Consulting includes IT strategy, governance, organizational improvement, cost optimization, architecture, asset evaluation, talent development, and Request for Proposal (RFP) creation. The System Integration handles system design, development and infrastructure operation and maintenance.

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