Sativus Tech (Sativus Tech) Momentum Rank : 1 (As of Jun. 06, 2024)

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What is Sativus Tech Momentum Rank?

Sativus Tech has the Momentum Rank of 1.

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 Sativus Tech's Momentum Rank

For the Scientific & Technical Instruments subindustry, Sativus Tech'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.

Sativus Tech's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sativus Tech's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sativus Tech's Momentum Rank falls into.

Sativus Tech Momentum Rank Related Terms

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Sativus Tech (Sativus Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sativus Tech Corp (OTCPK:SATT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Bethesda Metro Center, Suite 700, Bethesda, MD, USA, 20814

Website

https://www.saffron-tech.ag

Sativus Tech Corp formerly Seedo Corp is a technology company focusing on producing technology for the agriculture markets for home, commercial and medical use. The company produces automated plant growing devices managed and controlled by an artificial intelligence algorithm, allowing consumers to grow their own herbs and vegetables effortlessly from seed to plant. The company is at a stage of developing and testing a fully automated and remotely managed system for growing high-quality, high-yield saffron anywhere and anytime.

Executives

Gadi Levin	officer: CEO	MOSHAV AZRIEL 108, LEV HASHARON L3 4582500
Cannabics Pharmaceuticals Inc.	10 percent owner	#3 BETHESDA METRO CENTER, SUITE 700, BETHESDA MD 20814
Zohar Levy	director, 10 percent owner	2C YAKINTON ST, KIRYAT BYALIK L3 2725009
Michael Maman	10 percent owner	28 SHOSHANAT HAKARMEL ST, HAIFA L3 3432131
Uri Zeevi	10 percent owner	16B HERZOG ST, GIVATAIM L3 5358619