GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Predator Corp (TSXV:SPD) » Definitions » Momentum Rank

Silver Predator (TSXV:SPD) Momentum Rank : 0 (As of Jun. 09, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Silver Predator Momentum Rank?

Silver Predator 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.

Silver Predator Momentum Rank Related Terms

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

Silver Predator (TSXV:SPD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Predator Corp (TSXV:SPD) » Definitions » Momentum Rank
Comparable Companies
TSXV:LSTR XCNQ:CSS TSX:EXN TSXV:KS TSXV:ZAC TSX:MSV TSX:FR TSX:MAG TSX:AYA SZSE:002716 TSX:SVM TSXV:BIG TSX:DSV TSXV:DV ASX:SVL TSXV:APM TSXV:GSVR TSXV:KTN TSXV:SVRS TSXV:SVE
Traded in Other Exchanges
SVROF:USA
Address
34 King Street East, Suite 1200, Toronto, ON, CAN, M5C 2X8
Website
https://www.silverpredator.com
Silver Predator Corp is a mining exploration company with properties in the western United States. The company owns the Copper King project, located in the eastern portion of the famous Coeur d' Alene Silver District near Mullan, ID, the Taylor silver project near Ely, NV, and the Cordero, Cornucopia, and Treasure Hill properties in Nevada. It operates in a single segment, which is the exploration and development of resource properties.

Silver Predator (TSXV:SPD) Headlines

From GuruFocus

Atlas Financial Advisors, Inc. Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor • 01-25-2023