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Zedge (ZDGE) Momentum Rank : 10 (As of May. 12, 2024)


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What is Zedge Momentum Rank?

Zedge has the Momentum Rank of 10.

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 Zedge's Momentum Rank

For the Internet Content & Information subindustry, Zedge'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.


Zedge's Momentum Rank Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zedge's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Zedge's Momentum Rank falls into.



Zedge Momentum Rank Related Terms

Thank you for viewing the detailed overview of Zedge's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Zedge (ZDGE) Business Description

Traded in Other Exchanges
Address
1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001
Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.
Executives
Gregory Suess director 9701 WILSHIRE BLVD, 8TH FLOOR, BEVERLY HILLS CA 90212
Elliot Gibber director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Jonathan Reich officer: CFO & COO C/O NET2PHONE INC, 520 BROAD ST, NEWARK NJ 07102
Mark Ghermezian director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Michael C Jonas director C/O GENIE ENERGY LTD., 550 BROAD STREET, NEWARK NJ 07102
Yi Tsai officer: CFO & Treasurer 51 CROSS HWY, WESTPORT CT 06880
Paul Packer director C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Howard S Jonas director
Stephen M Greenberg director C/O NET2PHONE INC, 520 BROAD ST, NEWARK NJ 07102
Todd E Feldman director C/O ZEDGE, INC., 22 COURTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Marie Therese Carney director C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Tom Arnoy officer: Chief Executive Officer C/O ZEDGE, INC., 22 CORTLANDT STREET, 14TH FLOOR, NEW YORK NY 10007
Idt Corp 10 percent owner 520 BROAD STREET, NEWARK NJ 07102