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Uranerz Energy (FRA:U9E) 6-1 Month Momentum % : N/A% (As of Jun. 23, 2024)


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What is Uranerz Energy 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-06-23), Uranerz Energy's 6-1 Month Momentum % is N/A%.

The industry rank for Uranerz Energy's 6-1 Month Momentum % or its related term are showing as below:

FRA:U9E's 6-1 Month Momentum % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.07
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison of Uranerz Energy's 6-1 Month Momentum %

For the Other Industrial Metals & Mining subindustry, Uranerz Energy's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


Uranerz Energy's 6-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Uranerz Energy's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Uranerz Energy's 6-1 Month Momentum % falls into.



Uranerz Energy  (FRA:U9E) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Uranerz Energy  (FRA:U9E) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Uranerz Energy 6-1 Month Momentum % Related Terms

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Uranerz Energy (FRA:U9E) Business Description

Traded in Other Exchanges
N/A
Address
Uranerz Energy Corp was incorporated under the laws of the State of Nevada on May 26, 1999. On July 5, 2005, it changed its name from Carleton Ventures Corp. to Uranerz Energy Corporation. The Company is an exploration stage company engaged in the acquisition, exploration and, if warranted, development of uranium properties. It is a United States based uranium company focused on constructing an in-situ recovery uranium facility. ISR is a mining process that uses a leaching solution to extract uranium from underground sandstone-hosted uranium deposits, it is the generally accepted extraction technology used in the Powder River Basin area of Wyoming. It is principally focused on the exploitation of its properties in the Powder River Basin. The commercial use of uranium is to fuel nuclear power plants for the generation of electricity. All the uranium produced from its mines will be used to generate electricity. The Company competes with other mining and exploration companies in connection with the acquisition of uranium mineral properties and the equipment, materials and personnel necessary to explore and develop such properties. Its exploration and production activities are subject to certain federal and state laws and regulations relating to environmental quality and pollution control.

Uranerz Energy (FRA:U9E) Headlines

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