CONXF (Nickel 28 Capital) Momentum Rank: 9 (As of Aug. 16, 2026) — 50% Above Median

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.

CONXF Nickel 28 Capital Corp CONXF
38 GF Score
Price $0.80
View Full Analysis

What is Nickel 28 Capital Momentum Rank?

Nickel 28 Capital CONXF -3.14% 38 Momentum Rank is 9 as of Aug. 16, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates CONXF with a GF Score™ of 38/100.

Nickel 28 Capital has the Momentum Rank of 9.

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.

Nickel 28 Capital Momentum Rank Related Terms

Nickel 28 Capital Momentum Rank Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.

Nickel 28 Capital Momentum Rank vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's Momentum Rank falls into.


CONXF
38GF Score
Nickel 28 Capital Corp CONXF
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 9 mean?
Nickel 28 Capital (CONXF) has a Momentum Rank of 9 as of Aug. 16, 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 Nickel 28 Capital and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, Nickel 28 Capital's Momentum Rank has ranged from 1.00 to 10.00.
Is Nickel 28 Capital's Momentum Rank too high?
Nickel 28 Capital's current Momentum Rank of 9 is 50% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, Nickel 28 Capital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Nickel 28 Capital's Momentum Rank compare to competitors?
Nickel 28 Capital's Momentum Rank of 9 can be compared against companies in the Metals & Mining industry. Historically, Nickel 28 Capital'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 Nickel 28 Capital and its competitors. Nickel 28 Capital's current Momentum Rank is 9, which is 50% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel 28 Capital stock overvalued right now?
Nickel 28 Capital (CONXF) has a current Momentum Rank of 9. The current Momentum Rank is 9, which is 50% above median its 10-year median of 6.00. Nickel 28 Capital's overall GF Score™ is 38/100. 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 Nickel 28 Capital (CONXF), the current Momentum Rank is 9 as of Aug. 16, 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.

Nickel 28 Capital Business Description

Other Exchanges 3JC:GermanyNKL:Canada
Address 666 Burrard Street, Suite 2700, Toronto, ON, CAN, V6C 2X8
Nickel 28 Capital Corp is a base metals company offering direct exposure to nickel and cobalt. The Company holds a joint-venture interest in the producing Ramu Nickel-Cobalt Operation in Papua New Guinea and manages a portfolio of nickel and cobalt royalties in projects in Canada, Australia, and Papua New Guinea, including royalties in the Dumont nickel project in Quebec and the Turnagain nickel project in British Columbia. The Company is engaged in the management and acquisition of joint venture and royalty interests in the nickel and cobalt sectors. Its primary focus is on opportunities that could provide shareholders with near-term cash flow and royalties on production and exploration-stage nickel and/or cobalt properties. The Company operates in Canada and Asia Pacific.
38GF Score

Get the complete analysis for CONXF

Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.80
Price