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F3 Uranium (F3 Uranium) Momentum Rank : 8 (As of May. 27, 2024)


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What is F3 Uranium Momentum Rank?

F3 Uranium has the Momentum Rank of 8.

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 F3 Uranium's Momentum Rank

For the Uranium subindustry, F3 Uranium'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.

F3 Uranium's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, F3 Uranium's Momentum Rank distribution charts can be found below:

* The bar in red indicates where F3 Uranium's Momentum Rank falls into.


F3 Uranium Momentum Rank Related Terms

Thank you for viewing the detailed overview of F3 Uranium's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

F3 Uranium (F3 Uranium) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » F3 Uranium Corp (OTCPK:FUUFF) » Definitions » Momentum Rank
Comparable Companies
TSX:LAM TSX:MGA TSXV:GXU TSXV:AEC XCNQ:WUC TSXV:FIND XCNQ:LUR TSXV:SUU XCNQ:API XCNQ:CAKE TSX:CCO XKAZ:KZAP TSX:U.UN TSX:NXE UEC ASX:PDN LSE:YCA TSX:DML HKSE:01164 TSX:EFR
Traded in Other Exchanges
X42:Germany FUU:Canada
Address
1620 Dickson Avenue, Suite 750, Kelowna, BC, CAN, V1Y 9Y2
Website
https://www.f3uranium.com
F3 Uranium Corp is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world's largest high-grade uranium discoveries.

F3 Uranium (F3 Uranium) Headlines

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