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Drug Free Solution (Drug Free Solution) Momentum Rank : 0 (As of May. 16, 2024)


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What is Drug Free Solution Momentum Rank?

Drug Free Solution 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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Drug Free Solution (Drug Free Solution) Business Description

Traded in Other Exchanges
N/A
Address
47 West Division Street, No. 113, Chicago, IL, USA, 60610
Drug Free Solution Inc is a United States based proprietary services, education, and holding company of the Living Breath Series and Protocols. It is engaged in delivering proprietary emotional wellness technology such as Living Breath Process. The company's signature product, the Daily Feelz, is a three-step process that combines self-analysis, breath, and proprietary language sequences. The Get Your Feelz On offers consumers, through a proprietary digital platform. These products primarily serve the Mental Health and Emotional Wellness markets along with their sub-markets which include Fitness and Mind-Body; Preventative and Personalized Medicine and Public Health; as well as Workplace Wellness.

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