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ADM Endeavors (ADM Endeavors) Momentum Rank : 0 (As of May. 26, 2024)


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What is ADM Endeavors Momentum Rank?

ADM Endeavors 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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ADM Endeavors (ADM Endeavors) Business Description

Traded in Other Exchanges
N/A
Address
5941 Posey Lane, Haltom City, TX, USA, 76117
ADM Endeavors Inc operates a diverse vertical integrated business, which consists of a retail sales division, focusing on screen print promotions, embroidery production, digital production, import wholesale sourcing, and uniforms.
Executives
Marc Johnson director, 10 percent owner, officer: CEO 2709-25 CAPREOL COURT, TORONTO A6 M5V3Z7
Sarah Ethan Nelson director, officer: COO 5941 POSEY LANE, HALTOM TX 76117
Motasem Khanfur officer: CFO 5941 POSEY LANE, HALTOM CITY TX 76117