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Apogee 21 Holdings (Apogee 21 Holdings) Momentum Rank : 0 (As of May. 21, 2024)


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What is Apogee 21 Holdings Momentum Rank?

Apogee 21 Holdings 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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Apogee 21 Holdings (Apogee 21 Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Apogee 21 Holdings Inc (OTCPK:APHD) » Definitions » Momentum Rank
Comparable Companies
RLTR BOM:538786 WAR:DGL FPTA ASX:IBN WAR:MRD BOM:532354 WAR:ARK TSXV:FSW.H NSE:SPCENET XSAT:BRANDB WAR:7FT WAR:INB WAR:BTC CXKJ OSTO:WIFOG TSXV:ARD LIVC OTTV TSXV:ATW
Traded in Other Exchanges
N/A
Address
9605 W 49 Avenue, Suite 200, Wheat Ridge, CO, USA, 80033
Website
http://www.30dcinc.com
Apogee 21 Holdings Inc is a operator of craft Spirit & Wine brands intended to make acquisitions and rolling up revenue.
Executives
Steven Katz director 20 REBEL RUN DR, EAST BRUNSWICK NJ 08816
M A Littman other: Former 10% owner PO BOX 1839, ARVADA CO 80001
Wesley F Whiting director 10200 W 44TH AVE SUITE 200E, WHEAT RIDGE CO 80033

Apogee 21 Holdings (Apogee 21 Holdings) Headlines

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