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BTHC XV (BTHC XV) Momentum Rank : 0 (As of Jun. 23, 2024)


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What is BTHC XV Momentum Rank?

BTHC XV 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.

BTHC XV Momentum Rank Related Terms

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BTHC XV (BTHC XV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BTHC XV Inc (OTCPK:BTXV) » Definitions » Momentum Rank
Comparable Companies
VCAN HPIL ADAC CIIT LWLW HKEB FWLAF CPKA UPDC FRMC MUSS MGHL ANSU HRVOF GNTW ITDN SCPD ZMWYF GLBB HLLY
Traded in Other Exchanges
N/A
Address
Website
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

BTHC XV (BTHC XV) Headlines

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