Transnational Group (Transnational Group) Momentum Rank : 0 (As of Jun. 10, 2024)

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What is Transnational Group Momentum Rank?

Transnational Group 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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Transnational Group (Transnational Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Transnational Group Inc (OTCPK:TAMG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 S Rio Grande Street, Suite 2072, Salt Lake City, UT, USA, 84101

Website

https://www.transnational-group.com

Transnational Group Inc is a software and technology company using artificial intelligence to build content. Its Bokoo TV OTT platform will offer an affordable TV like experience with hundreds of live channels and On Demand available on the wed, mobile device apps, Roku, Amazon Fire, Samsung and other prominent smart TV platforms targeting and genres of content and focused not only on English language but content focused on the diaspora populations globally being Indian, Russian, Filipino, Chinese, Vietnamese and others in their native languages, first in North America and then globally.

Executives

Joseph W Parker	director, 10 percent owner, officer: President/CEO	8113 75TH STREET SW, LAKEWOOD WA 98498
Parker Transnational Industries Llc	10 percent owner	8113 75TH ST. SW, LAKEWOOD WA 98498
Daniel C Goldman	officer: CFO	24215 13TH PLACE W, BOTHELL WA 98021

Transnational Group (Transnational Group) Headlines

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