ALOD (Allied Resources) Momentum Rank: 0 (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Allied Resources Momentum Rank?

Allied Resources has the Momentum Rank of 0.

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.

Allied Resources Momentum Rank Related Terms

Allied Resources Business Description

Industry EnergyOil & Gas
Address 299 Main Street, 13th Floor, Salt Lake City, UT, USA, 84111
Allied Resources Inc. is an independent oil and natural gas producer operating in the continental United States. The company focuses on acquiring, developing, and producing oil and gas properties, with operations concentrated in Calhoun and Ritchie counties, West Virginia, and Goliad and Edwards counties, Texas. Its primary products are crude oil, natural gas, and natural gas liquids, which it sells to purchasers and midstream companies. Oil and liquids are typically sold at spot market prices prevailing at the date of pickup, while natural gas is generally sold under short-term or spot arrangements. Allied Resources generates revenue through the sale of its production, and its business model centers on developing its leasehold acreage and reserves rather than refining or marketing. The company operates as a small independent producer, and its financial performance is closely tied to commodity prices and production volumes from its Appalachian and Texas properties.