DAAT (DAC Technologies Group International) Momentum Rank : 0 (As of Sep. 25, 2024)

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What is DAC Technologies Group International Momentum Rank?

DAC Technologies Group 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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DAC Technologies Group International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DAC Technologies Group International Inc (OTCPK:DAAT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Gamble Road, Suite One, Little Rock, AR, USA, 72211

Website

http://www.dactec.com

DAC Technologies Group International Inc is a manufacturer and supplier of gun cleaning kits, gunsmithing tools and accessories, and wide assortment of gun locks.

Executives

Praetorian Capital Management Llc

10 percent owner

3271 RIVIERA DRIVE, CORAL GABLES FL 33134

DAC Technologies Group International Headlines

From GuruFocus

DAC Technologies Group (DAAT)

By voisin Frank Voisin • 02-17-2011