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HK Battery Technology (HK Battery Technology) Momentum Rank : 0 (As of May. 21, 2024)


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What is HK Battery Technology Momentum Rank?

HK Battery Technology 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.

HK Battery Technology Momentum Rank Related Terms

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HK Battery Technology (HK Battery Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HK Battery Technology Inc (OTCPK:HKBT) » Definitions » Momentum Rank
Comparable Companies
XKRX:254120 SGNI PHS:LIHC TSXV:TRCE YUSG LSE:AIQ PGID TGLO XKRX:297570 TSXV:ADCO XKRX:256840 XKRX:319400 EVGI XKLS:5622 XKRX:323940 XKRX:273060 XKRX:291230 MOZO NPWI BLYQ
Traded in Other Exchanges
N/A
Address
800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101
Website
HK Battery Technology Inc is a development stage company.
Executives
John N Braca director C/O SENESCO TECHNOLOGIES INC, 303 GEORGE ST STE 420, NEW BRUNSWICK NJ 08901
David Rector director, officer: CEO, President, Sec. & Treasur
David C. Mathewson director, 10 percent owner, officer: President 1265 MESA DRIVE, FERNLEY NV 89408

HK Battery Technology (HK Battery Technology) Headlines

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