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FRSPF (First Phosphate) Momentum Rank : 0 (As of Mar. 02, 2025)


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What is First Phosphate Momentum Rank?

First Phosphate 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.

First Phosphate Momentum Rank Related Terms

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First Phosphate Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Phosphate Corp (OTCPK:FRSPF) » Definitions » Momentum Rank
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Traded in Other Exchanges
KD0:Germany PHOS:Canada
Address
1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
Website
https://www.firstphosphate.com
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material (CAM) for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
Executives
Andrew A Brodkey director, officer: President and CEO 4960 N. CAMINO ANTONIO, TUSCON AZ 85718
Ronald Richman director 3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Jodi Henderson officer: Corporate Secretary 7033 EAST CALLE BETELGEUX, TUCSON AZ 85710
David Hackman officer: VP of Exploration 3040 NORTH CAMPBELL AVE., SUITE 110, TUCSON AZ 85719
Posco Canada Ltd. 10 percent owner 650 W. GEORGIA STREET SUITE 2350, VANCOUVER A1 V6B 4N9
Hyundae Kim director 892 DAECHI-4-DONG, GANGNAM-GU, SEOUL M5 135-777