FLINT (TSX:FLNT) Momentum Rank : 0 (As of May. 24, 2024)

View and export this data going back to 2005. Start your Free Trial

What is FLINT Momentum Rank?

FLINT 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.

FLINT Momentum Rank Related Terms

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

FLINT (TSX:FLNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FLINT Corp. (TSX:FLNT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NWPIF:USA

Address

205 - 5th Avenue S.W., Suite 3500, Bow Valley Square 2, Calgary, AB, CAN, T2P 2V7

Website

https://www.flintcorp.com

FLINT Corp. is a fully-integrated provider of services and products to industrial markets including Energy, Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure and Water Treatment. The service provided by the company focuses on maintenance and turnarounds, project construction, fabrication, environmental services and asset integrity products with locations across Western Canada servicing end users across North America. The company's segments include The Maintenance and Construction Services segment; and the Wear Technology Overlay Services and Corporate segment.

Executives

Katrisha Gibson

Director