IVU Traffic Technologies AG (XTER:IVU) Momentum Rank : 5 (As of May. 07, 2024)

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What is IVU Traffic Technologies AG Momentum Rank?

IVU Traffic Technologies AG has the Momentum Rank of 5.

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 IVU Traffic Technologies AG's Momentum Rank

For the Software - Application subindustry, IVU Traffic Technologies AG'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.

IVU Traffic Technologies AG's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, IVU Traffic Technologies AG's Momentum Rank distribution charts can be found below:

* The bar in red indicates where IVU Traffic Technologies AG's Momentum Rank falls into.

IVU Traffic Technologies AG Momentum Rank Related Terms

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IVU Traffic Technologies AG (XTER:IVU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IVU Traffic Technologies AG (XTER:IVU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

IVU:Germany IVU:Germany IVU:Germany

Address

Bundesallee 88, Berlin, DEU, 12161

Website

https://www.ivu.com

IVU Traffic Technologies AG is a Germany-based software company. It is engaged in the development, manufacturing, and marketing of software and hardware. It provides installation and maintenance of IT solutions for the operational tasks of public passenger and freight transport. Its product consists of IVU. suite, IVU.rail, IVU.cloud, and many more. The company's business area of operations includes countries like Germany, Europe, and others in which it generates the majority of its revenue from Germany.

Executives

Leon Struijk	Board of Directors
Ute Witt	Supervisory Board
Timo Kirst	Managing Director
Matthias Rust	Board of Directors
Martin Müller-elschner	Board of Directors

IVU Traffic Technologies AG (XTER:IVU) Headlines

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