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Tingo (TMNA) Momentum Rank : 0 (As of Jun. 07, 2024)


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What is Tingo Momentum Rank?

Tingo 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.


Tingo Momentum Rank Related Terms

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Tingo (TMNA) Business Description

Traded in Other Exchanges
N/A
Address
11650 South State Street, Suite 240, Draper, UT, USA, 84020
Tingo Inc is an Agri-Fintech company offering a comprehensive platform service through the use of smartphones (using GSM technology) to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities. The ecosystem provides a 'one-stop-shop solution to enable such subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers, access to insurance services, and microfinance to support their value chain from 'seed to sale'.
Executives
Dozy Mmobousi director, 10 percent owner, officer: CEO BRICKFIELD, RADLETT X0 WD7 8BS
Christophe Charlier director 7F 77/2 AL-FARABI AVENUE, ALMATY 1P 050040
Rory Bowen officer: Chief of Staff APARTMENT 19, 2 OFFENHAM ROAD, LONDON X0 SW9 7BN
Daksheshkumar B Patel director, officer: CFO APARTMENT 205, THE EMPEROR, 8 WEST ROAD SOUTH, SANDTON, JOHANNESBURG T3 2196
Leslie Nabanya Kasumba director 199 SIBAYA SANDS 9 THE STRAIGHT AVENUE, PINESLOPES, LONEHILL, SANDTON, JOHANNESBURG T3 2191
Kenneth I Denos officer: EVP, Genl Counsel & Secy 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Onyekachi Elochukwu Onubogu director 14 A DASILVA ROAD, LAGOS Q5 101222
Christopher John Cleverly director, officer: President 60 THE GREEN, POULSHOT DEVICES X0 5N101RT
Derrick Randall-emeka director 21 MILESPIT HILL, MILL HILL X0 NW7 2PJ
Adewale Adebayo director 1004 ESTATE, CLUSTAR D1 APARTMENT 116, VICTORIA ISLAND / LAGOS Q5 101241
Alex Lightman director 3470 ONLEY-LAYTONSVILLE ROAD, SUITE 118, OLNEY MD 20832
John J Brown director 1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380
Zoliwe Macanda-simbodyal director 29 WOOLCOMBES COURT, LONDON X0 SE16 5RQ
Gurjinder Johal director 301 EAST 21ST, #13B, NEW YORK NY 10010
Tingo, Inc. 10 percent owner 11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020

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