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Electronic Arts (MIL:1EA) Momentum Rank : 0 (As of May. 29, 2024)


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What is Electronic Arts Momentum Rank?

Electronic Arts 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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Electronic Arts (MIL:1EA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Electronic Arts Inc (MIL:1EA) » Definitions » Momentum Rank
Comparable Companies
TTWO RBLX NTES BILI PLTK GMGI DDI GRVY SOHU GDEV TSE:7974 TSE:3659 TSE:9766 XKRX:259960 TSE:9697 SZSE:300418 ROCO:3293 SZSE:002555 HKSE:03888 XKRX:251270
Traded in Other Exchanges
EA:USA EA:Mexico ERT:Germany EAIN34:Brazil
Address
209 Redwood Shores Parkway, Redwood City, CA, USA, 94065
Website
https://www.ea.com
EA is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC, Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.

Electronic Arts (MIL:1EA) Headlines

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