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CATKU (Catskill Litigation Trust) Momentum Rank : 0 (As of Dec. 14, 2024)


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What is Catskill Litigation Trust Momentum Rank?

Catskill Litigation Trust 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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Catskill Litigation Trust Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
c/o Christiana Bank & Trust Co, 1314 King Street, Wilmington, DE, USA, 19801
Catskill Litigation Trust is engaged in providing banking and related services. It offers Online Banking; Deposit services such as Checking and Saving; Lending services such as Business loans and Consumer loans and Other services.
Executives
Paul Debary other: Litigation Trustee C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Joseph E Bernstein 10 percent owner, other: Litigation Trustee EMPIRE RESORTS INC, PO BOX 5013, MONTICELLO NY 12701

Catskill Litigation Trust Headlines

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