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Future Farm Technologies (Future Farm Technologies) Momentum Rank : 0 (As of May. 20, 2024)


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What is Future Farm Technologies Momentum Rank?

Future Farm Technologies 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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Future Farm Technologies (Future Farm Technologies) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.
Executives
Michael C Withrow director, 10 percent owner, officer: CEO SUITE 1040 - 885 WEST GEORGIA STREET VANCOUVER A1 V6C 3E8
Brayden R Sutton director 44486 MONTE VISTA DRIVE CHILLIWACK A1 V2R 5T2

Future Farm Technologies (Future Farm Technologies) Headlines

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Future Farm Names Tom Barrette New President and COO

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Future Farm Reports Results of Annual General Meeting

By Marketwired Marketwired 12-20-2019