Himalaya Technologies (Himalaya Technologies) Momentum Rank : 0 (As of May. 15, 2024)

View and export this data going back to 2008. Start your Free Trial

What is Himalaya Technologies Momentum Rank?

Himalaya 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.

Himalaya Technologies Momentum Rank Related Terms

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

Himalaya Technologies (Himalaya Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Himalaya Technologies Inc (OTCPK:HMLA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

831 West North Avenue, Pittsburgh, PA, USA, 15233

Website

https://www.himalayatechnologies.com

Himalaya Technologies Inc along with its subsidiaries is targeting information services for the cannabis industry. The company uses its social site Kanab.Club. It is a cannabis social media platform which acts as a benchmark for uniting the cannabis community.

Executives

Vikram P Grover	director, 10 percent owner, officer: CEO, Chairman	1340 BROOK ST. UNIT M, ST CHARLES IL 60174
Paul D Maniscalco	officer: Chief Financial Officer	1600 STOUT STREET, #450, DENVER CO 80202
St James David M	director	3395 S. JONES BLVD., #169, LAS VEGAS NV 89146
Thomas Fw Campbell	10 percent owner	1155 W. CALLE FUENTE DE CARINO, SAHUARITA AZ 85629