InterDigital (InterDigital) Momentum Rank : 10 (As of Apr. 27, 2024)

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What is InterDigital Momentum Rank?

InterDigital 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 InterDigital's Momentum Rank

For the Software - Application subindustry, InterDigital'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.

InterDigital's Momentum Rank Distribution in the Software Industry

For the Software industry and Technology sector, InterDigital's Momentum Rank distribution charts can be found below:

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

InterDigital Momentum Rank Related Terms

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InterDigital (InterDigital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » InterDigital Inc (NAS:IDCC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

IDI:Germany IDI:Germany

Address

200 Bellevue Parkway, Suite 300, Wilmington, DE, USA, 19809-3727

Website

https://www.interdigital.com

InterDigital Inc is a research and development company focused on wireless, visual, and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, Out of which the majority is from the United States.

Executives

Joshua D. Schmidt	officer: CLO & Corp Sec	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Rajesh Pankaj	officer: Chief Technology Officer	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eeva K. Hakoranta	officer: Chief Licensing Officer	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eric Cohen	officer: Chief Strategy& Growth Officer	5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Pierre-yves Lesaicherre	director	C/O INTERDIGITAL, INC., 200 BELLEVUE PKWY, STE 300, WILMINGTON DE 19809
Markley John D. Jr.	director	COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314
Samir Armaly	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John A Kritzmacher	director	C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Jean F Rankin	director	1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Richard Brezski	officer: Chief Accounting Officer	781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Derek K Aberle	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Henry Tirri	officer: Chief Technology Officer	400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Stewart D Hutcheson	director	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Joan H Gillman	director	C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Lawrence Liren Chen	director, officer: President and CEO	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809