AKOBF (Akobo Minerals AB) Momentum Rank: 8 (As of Jul. 08, 2026) — Near Median


AKOBF Akobo Minerals AB AKOBF
26 GF Score
Price $0.20
! 6 Warning Signs
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What is Akobo Minerals AB Momentum Rank?

Akobo Minerals AB AKOBF 26 Momentum Rank is 8 as of Jul. 08, 2026, which is at its 10-year median of 8.00. GuruFocus rates AKOBF with a GF Score™ of 26/100. The stock has 6 warning signs investors should review.

Akobo Minerals AB has the Momentum Rank of 8.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Akobo Minerals AB Momentum Rank Related Terms

AKOBF vs NEM, AU, RGLD: Momentum Rank Comparison

For the Gold subindustry, Akobo Minerals AB'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.

Akobo Minerals AB Momentum Rank vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Akobo Minerals AB's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Akobo Minerals AB's Momentum Rank falls into.


AKOBF
26GF Score
Akobo Minerals AB AKOBF
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 8 mean?
Akobo Minerals AB (AKOBF) has a Momentum Rank of 8 as of Jul. 08, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Akobo Minerals AB and its competitors. This is near median its historical median of 8.00. Over the past decade, Akobo Minerals AB's Momentum Rank has ranged from 1.00 to 10.00.
Is Akobo Minerals AB's Momentum Rank too high?
Akobo Minerals AB's current Momentum Rank of 8 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, Akobo Minerals AB has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Akobo Minerals AB's Momentum Rank compare to NEM and AU?
Akobo Minerals AB's Momentum Rank of 8 can be compared against companies in the Metals & Mining industry. Historically, Akobo Minerals AB's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for a Metals & Mining company?
A good Momentum Rank depends on the Metals & Mining industry context. However, Momentum Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Akobo Minerals AB and its competitors. Akobo Minerals AB's current Momentum Rank is 8, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akobo Minerals AB stock overvalued right now?
Akobo Minerals AB (AKOBF) has a current Momentum Rank of 8. The current Momentum Rank is 8, which is near median its 10-year median of 8.00. Akobo Minerals AB's overall GF Score™ is 26/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Akobo Minerals AB (AKOBF), the current Momentum Rank is 8 as of Jul. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Akobo Minerals AB Business Description

Other Exchanges AKOBO:Norway643:Germany
Address Sodra Allegatan 13, Gothenburg, SWE, 413 01
Akobo Minerals AB is a Scandinavian gold exploration and mining company. The company focuses on developing the Segele gold deposit and the Joru gold deposit.
26GF Score

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