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MicroAlgo (MicroAlgo) Momentum Rank : 0 (As of May. 24, 2024)


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What is MicroAlgo Momentum Rank?

MicroAlgo 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.

MicroAlgo Momentum Rank Related Terms

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MicroAlgo (MicroAlgo) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroAlgo Inc (NAS:MLGO) » Definitions » Momentum Rank
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Taoyuan Street, Unit 507, Building C, Long Jing High & New Technology Jingu Pioneer Park, Nanshan District, Shenzhen, CHN, 518052
Website
MicroAlgo Inc is divided into two segments Central processing algorithm services & Intelligent chips and services. The majority is from the Central processing algorithm services. which refer to a range of computing algorithms, analytical algorithms, recommendation algorithms, & acceleration algorithms. The businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, & logistics depend on the ability to process & analyze data with optimized computing software & hardware capable of handling the data workload. Intelligent chips & services revenues include revenues generated from the resale of intelligent chips. All of the Company's net revenues were generated in the PRC, Hong Kong, & Singapore, out of which the majority is from the PRC.
Executives
Wimi Hologram Cloud Inc. 10 percent owner NO. 6 XIAOZHUANG, BEIJING F4 100005
Li He officer: CFO C2706, HEZHENGYI GARDEN, SUNGANG STREET, LUOHU DISTRICT SHENZHEN F4 518000
Shiwen Liu officer: COO 2007, DESIGN BUILDING, NO. 8 ZHENHUA ROAD, FUTIAN DISTRICT SHENZHEN F4 518028
Haixia Zhao director ROOM F, 3RD FLOOR, YINGXIE BUILDING, 1002 FUQIANG ROAD, FUTIAN DISTRICT, SHENZHEN F4 518033
Chengwei Yi officer: CTO ROOM 502, UNIT B, BUILDING 3, YIRAN TIANDI RESIDENCE, NANSHAN DISTRICT, SHENZHEN F4 518000
Wengang Kang director ROOM 1214, BUILDING 17, XINYUAN INTERNATIONAL CITY GARDEN, HUAQIAO TOWN, KUNSHAN F4 215332
Xinmin Su director, officer: CEO 1802 YUXUAN PAVILION, 4001 TAIBAI ROAD, LUOHU DISTRICT, SHENZHEN F4 518019
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Liu Yanming director, officer: Chairman + CEO SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Cui Shan director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Yu Chen director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
River Chi director, officer: Chief Financial Officer SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Guojian Chen director 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022