Catena Media (Catena Media) Momentum Rank : 6 (As of May. 14, 2024)

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What is Catena Media Momentum Rank?

Catena Media has the Momentum Rank of 6.

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 Catena Media's Momentum Rank

For the Internet Content & Information subindustry, Catena Media'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.

Catena Media's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Catena Media's Momentum Rank distribution charts can be found below:

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

Catena Media Momentum Rank Related Terms

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Catena Media (Catena Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Catena Media PLC (OTCPK:CTTMF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CTM:Sweden CTMs:UK 0RUE:UK

Address

Quantum Place, Triq ix-Xatt, Ta’ Xbiex, Gzira, MLT, GZR 1052

Website

https://www.catenamedia.com

Catena Media PLC is a European company engaged in performance marketing and lead generation on the Internet. Catena Media is active within the iGaming and Financial Services industries. The group operates in the following three segments: Casino and Sports. The group attracts end-users and generates revenue by using three primary online marketing methodologies, namely, Generating organic traffic by search engine optimization (SEO), including acquisitions; Paid media by using pay-per-click (PPC) media channels; and Providing website users a slimmed-down version of content through subscriptions.