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Voxtur Analytics (TSXV:VXTR) Momentum Rank : 0 (As of May. 12, 2024)


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What is Voxtur Analytics Momentum Rank?

Voxtur Analytics 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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Voxtur Analytics (TSXV:VXTR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Voxtur Analytics Corp (TSXV:VXTR) » Definitions » Momentum Rank
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Traded in Other Exchanges
VXTRF:USA
Address
383 Richmond Street, Suite 408, London, ON, CAN, N6A 3C4
Website
https://www.voxtur.com
Voxtur Analytics Corp is a transformational real estate technology company that is redefining industry standards in a dynamic lending environment. The company offers targeted data analytics to simplify tax solutions, property valuation, and settlement services throughout the lending lifecycle for investors, lenders, government agencies, and services. Its proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, securitize portfolios and evaluate tax assessments. The firm serves the property lending and property tax sectors, both public and private, in the United States and Canada.
Executives
Jeff Young Senior Officer

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