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Safe Supply Streaming Co (FRA:QM4) Momentum Rank : 0 (As of Apr. 28, 2025)


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What is Safe Supply Streaming Co Momentum Rank?

Safe Supply Streaming Co has the Momentum Rank of 0.

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.

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Safe Supply Streaming Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Safe Supply Streaming Co Ltd (FRA:QM4) » Definitions » Momentum Rank
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Traded in Other Exchanges
SSPLF:USA SPLY:Canada
Address
666 Burrard Street, 25th Floor, Vancouver, BC, CAN, V6C 2X8
Website
https://www.safesupply.com
Safe Supply Streaming Co Ltd is investing in and incubating companies at the forefront of the third wave of drug policy reform. The company is focusing on investments in the psychedelic industry and analyzes, manufactures and distributes psychoactive compounds including the coca plant. The Company plans to invest in opportunities involving which are legally permitted, the research, design, development, testing, production, distribution, and sale of psychedelics and related services.

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