Red Cat Holdings (FRA:BQ73) Momentum Rank : 3 (As of Apr. 27, 2025)

View and export this data going back to 2021. Start your Free Trial

What is Red Cat Holdings Momentum Rank?

Red Cat Holdings has the Momentum Rank of 3.

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 Red Cat Holdings's Momentum Rank

For the Computer Hardware subindustry, Red Cat Holdings'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.

Red Cat Holdings's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Red Cat Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Red Cat Holdings's Momentum Rank falls into.

Save Embed

;

Save Embed

;

Red Cat Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of Red Cat Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Red Cat Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Red Cat Holdings Inc (FRA:BQ73) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

RCAT:USA

Address

15 Avenue Munoz Rivera, Suite 2200, San Juan, PR, USA, 00901

Website

https://www.redcat.red

Red Cat Holdings Inc is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally. Red Cat's suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for night-time operations, and Skypersonic, a provider of unmanned aircraft for interior spaces and other dangerous environments.

Red Cat Holdings Headlines

No Headlines