Sylogist (Sylogist) Momentum Rank : 9 (As of Jun. 10, 2024)

View and export this data going back to 2000. Start your Free Trial

What is Sylogist Momentum Rank?

Sylogist has the Momentum Rank of 9.

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 Sylogist's Momentum Rank

For the Software - Application subindustry, Sylogist'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.

Sylogist's Momentum Rank Distribution in the Software Industry

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

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

Sylogist Momentum Rank Related Terms

Thank you for viewing the detailed overview of Sylogist's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Sylogist (Sylogist) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sylogist Ltd (OTCPK:SYZLF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SYZ:Canada

Address

5 Richard Way S.W., Suite 102, Calgary, AB, CAN, T3E 7M8

Website

https://www.sylogist.com

Sylogist Ltd is a software company that provides Enterprise Resource Planning solutions, including fund accounting, grant management, and payroll to public service organizations. The only segment is Public Sector. Its solutions include Serenic Navigator for K-12 Education, Serenic Navigator for Nonprofit Organizations, NaviPayroll, NaviTrak, NaviView, NaviNet, NaviBridge, and others. It receives maximum revenue in the form of cloud subscriptions. Geographically, the company offers its services to the United States of America, Canada, and the United Kingdom region. The majority of the revenue comes from the United States of America.

Sylogist (Sylogist) Headlines

From GuruFocus

Sylogist to Host Investor Day, Engages LodeRock Advisors

By GlobeNewswire GlobeNewswire • 05-19-2023

Sylogist and PenderFund Capital Management Enter Into Nomination Agreement

By GlobeNewswire GlobeNewswire • 06-21-2023

Sylogist Adds Experienced VP, Talent & Engagement to Facilitate Growth

By PRNewswire PRNewswire • 11-09-2021

Sylogist Accelerates Growth with Acquisition of Pavliks

By PRNewswire PRNewswire • 10-18-2021

Sylogist Acquires Innovative SaaS Fundraising Platform

By PRNewswire PRNewswire • 10-07-2021

Experienced CTIO Joins Sylogist

By PRNewswire PRNewswire • 01-19-2021

Sylogist Annual General and Special Meeting Results and Board Committee Appointments

By GlobeNewswire • 06-28-2023