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FHLD (Freedom Hldg) Momentum Rank : 8 (As of Apr. 23, 2025)


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What is Freedom Hldg Momentum Rank?

Freedom Hldg has the Momentum Rank of 8.

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.

Competitive Comparison of Freedom Hldg's Momentum Rank

For the Broadcasting subindustry, Freedom Hldg'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.

Freedom Hldg's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Freedom Hldg's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Freedom Hldg's Momentum Rank falls into.


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Freedom Hldg Momentum Rank Related Terms

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Freedom Hldg Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Freedom Hldg Inc (OTCPK:FHLD) » Definitions » Momentum Rank
Comparable Companies
CMLS LPTV BBGI SBSAA TMGI XTER:RRTL NXST TSE:9404 TSE:9401 SAU:4072 LSE:ITV TSE:4676 LUX:SESGL BOM:532733 TGNA SZSE:301551 MIL:MFEB SHSE:600959 TSE:9412 XPAR:TFI
Traded in Other Exchanges
N/A
Address
10524 Independence Avenue, Chatsworth, CA, USA, 91311
Website
https://www.freedomenergyholdings.com
Freedom Hldg Inc through its subsidiary The Awareness Group (TAG), operates in the alternative energy industry. TAG focuses on the solar energy sector, offering a comprehensive platform called TAG GRID that integrates solar sales, project funding, and lending solutions. The company is also involved in mergers and acquisitions, having acquired multiple companies in engineering, fintech services, and generation, which are integrated into their operations.
Executives
Robert W Carteaux director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Brian K Kistler director, 10 percent owner, officer: Principle Executive Officer 215 NORTH JEFFERSON, OSSIAN IN 46777
Stan P Lipp director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Rodney J Sinn director, 10 percent owner 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Gregory K Fields director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Robin W Hunt director, officer: Principal Financial Officer 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825