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Celebrus Technologies (LSE:CLBS) Momentum Rank : 8 (As of Jun. 04, 2024)


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What is Celebrus Technologies Momentum Rank?

Celebrus Technologies has the Momentum Rank of 8.

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 Celebrus Technologies's Momentum Rank

For the Software - Application subindustry, Celebrus Technologies'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.


Celebrus Technologies's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, Celebrus Technologies's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Celebrus Technologies's Momentum Rank falls into.



Celebrus Technologies Momentum Rank Related Terms

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Celebrus Technologies (LSE:CLBS) Business Description

Traded in Other Exchanges
N/A
Address
91-93 Windmill Road, Windmill House, Sunbury-on-Thames, Surrey, GBR, TW16 7EF
Celebrus Technologies PLC Formerly D4t4 Solutions PLC is a United Kingdom-based company, which focuses on providing data solutions for its clients. The specific area of focus for the company is data and analytics related to consumers; the collection of data on how consumers interact with digital channels, the management and analysis of the data, and the implementation of cost-effective solutions to assist companies to get real value from their data assets. The business group is operated through product groups which help them generate revenue which mainly are such as Licenses, Celebrus Cloud Hosting, support and maintenance, Professional services, Third party products.

Celebrus Technologies (LSE:CLBS) Headlines

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