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AG&E Holdings (AG&E Holdings) Momentum Rank : 0 (As of May. 15, 2024)


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What is AG&E Holdings Momentum Rank?

AG&E Holdings 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.

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AG&E Holdings (AG&E Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AG&E Holdings Inc (OTCPK:AGNUQ) » Definitions » Momentum Rank
Comparable Companies
BOM:517288 MFCO XPAR:DIG TNLX BOM:517096 BOM:517201 WAR:APA BOM:504220 BOM:504080 LSE:HDT BOM:504273 BOM:517481 NGM:OBDU B NZSE:MAD WAR:APS BOM:530333 BOM:539836 TSXV:ZKL BOM:500372 WAR:BHX
Traded in Other Exchanges
N/A
Address
Website
http://www.agegaming.com
AG&E Holdings Inc through its subsidiary, distributes parts and repairs and services gaming equipment. Its primary business is the distribution and service of gaming equipment and supplies, which consist of LCD displays, gaming supplies, and components, to various casinos across the country. The company also provides replacement monitors to casinos throughout the United States.
Executives
Michael L Shor director CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
James J Roberts 10 percent owner C/O NEWELL RUBBERMAID INC., 10B GLENLAKE PKWY., STE. 300, ATLANTA 2Q 30328