GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Graphene & Solar Technologies Ltd (OTCPK:GSTX) » Definitions » Momentum Rank

GSTX (Graphene & Solar Technologies) Momentum Rank : 0 (As of Apr. 15, 2025)


View and export this data going back to 2011. Start your Free Trial

What is Graphene & Solar Technologies Momentum Rank?

Graphene & Solar Technologies 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.


Graphene & Solar Technologies Momentum Rank Related Terms

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


Graphene & Solar Technologies Business Description

Traded in Other Exchanges
N/A
Address
11201 North Tatum Boulevard, Suite 300, Phoenix, AZ, USA, 85028
Graphene & Solar Technologies Ltd provides materials and technologies to energy and water sectors. Its project portfolio in cleantech includes Patented and novel technologies, Proven products with exclusive geographical distribution rights, Groundbreaking new innovations, and Mineral resources that critical to the high-tech supply chain. It is currently focused on supplying advanced materials to existing manufacturers and water harvesting products to market. .
Executives
Frank J Garofalo director 3900 PASEO DEL SOL, SANTA FE NM 87507
Rick Wilber director

Graphene & Solar Technologies Headlines