Atmofizer Technologies (FRA:J3KA) Momentum Rank : 0 (As of May. 27, 2024)

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

What is Atmofizer Technologies Momentum Rank?

Atmofizer Technologies 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.

Atmofizer Technologies Momentum Rank Related Terms

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

Atmofizer Technologies (FRA:J3KA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atmofizer Technologies Inc (FRA:J3KA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ATMFF:USA ATMO:Canada

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.atmofizer.com

Atmofizer Technologies Inc is a clean air and clean water solutions provider that is focused on commercializing its proprietary technology through stand-alone, integrated, and licensed applications across business, consumer, medical and industrial applications. The company's products include wearable, portable, and mobile use for personal air treatment, as well as larger systems to handle higher air volumes for commercial, industrial, institutional, and residential applications.

Atmofizer Technologies (FRA:J3KA) Headlines

No Headlines