Axion Power International (Axion Power International) Momentum Rank : 0 (As of Jun. 11, 2024)

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What is Axion Power International Momentum Rank?

Axion Power International 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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Axion Power International (Axion Power International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Axion Power International Inc (OTCPK:AXPWQ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

3601 Clover Lane, New Castle, PA, USA, 16105

Website

http://www.axionpower.com

Axion Power International Inc is an innovative energy solutions company that pioneered the development of carbon/ lead batteries. It develops, designs, manufactures and sells energy storage components and devices based on its patented PbC technology. Further, it sells batteries, energy storage systems, and engineering services as part of product offerings, and it assists battery end users to adapt batteries to applications where a wide voltage window, fast recharge and long life benefits are required. The business activities of the group are geographically functioned through the region of United States.

Executives

David Gelbaum	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Marxe Austin W & Greenhouse David M	10 percent owner	C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Stanley A Hirschman	director
David Anthony	director	200 LUDLOW DRIVE, EWING NJ 08638

Axion Power International (Axion Power International) Headlines

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