Team Internet Group (Team Internet Group) Momentum Rank : 0 (As of Jun. 08, 2024)

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What is Team Internet Group Momentum Rank?

Team Internet 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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Team Internet Group (Team Internet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Team Internet Group PLC (OTCPK:TIGXF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TIG:UK 4CN:Germany 4CN:Germany

Address

44 Gutter Lane, 4th Floor, Saddlers House, London, GBR, EC2V 6BR

Website

https://teaminternet.com

Team Internet Group PLC Formerly CentralNic Group PLC is a holding company, through its subsidiaries is involved in the provision of domain name services. The company provides registry services, distribution, and strategic consultancy. The business operates in two segments being Online Presence segment and Online Marketing. The Online Marketing segment creates privacy safe AI based customer journeys that help online consumers make informed choices. The Online Presence segment conducts business as a distributor of domain names through a network of channel partners as well as selling domain names and ancillary services to end users, monitoring services to protect brands online, technical and consultancy services to corporate clients.