Southern Silver Exploration (Southern Silver Exploration) Momentum Rank : 9 (As of May. 27, 2024)

View and export this data going back to . Start your Free Trial

What is Southern Silver Exploration Momentum Rank?

Southern Silver Exploration has the Momentum Rank of 9.

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 Southern Silver Exploration's Momentum Rank

For the Other Precious Metals & Mining subindustry, Southern Silver Exploration'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.

Southern Silver Exploration's Momentum Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Silver Exploration's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Southern Silver Exploration's Momentum Rank falls into.

Southern Silver Exploration Momentum Rank Related Terms

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

Southern Silver Exploration (Southern Silver Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Silver Exploration Corp (OTCPK:SSVFF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SEG1:Germany SSV:Canada

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.southernsilverexploration.com

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas, El Sol, Hermanas and Oro. The Cerro Las Minitas property is a silver- lead-zinc property, which is in the northeast of the city of Durango in Durango State, Mexico. The Oro property is a gold-silver-copper- lead-zinc property, which is in the southwest of the Silver City porphyry copper district.

Southern Silver Exploration (Southern Silver Exploration) Headlines

From GuruFocus

Southern Silver Exploration Corp. to Webcast Live at VirtualInvestorConferences.com December 9th

By PRNewswire PRNewswire • 12-01-2021

Southern Silver Exploration Corp. to Webcast Live at Battery & Precious Metals Virtual Investor Conference October 18th

By Value_Insider Value_Insider • 10-17-2022

Southern Silver Exploration to Webcast Live at VirtualInvestorConferences.com February 17th

By PRNewswire PRNewswire • 02-15-2021