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Jaguar Resources (Jaguar Resources) Momentum Rank : 0 (As of Jun. 20, 2024)


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What is Jaguar Resources Momentum Rank?

Jaguar Resources 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.


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Jaguar Resources (Jaguar Resources) Business Description

Traded in Other Exchanges
N/A
Address
1015 - 4th Street SW, Suite 730, Calgary, AB, CAN, T2R 1J4
Jaguar Resources Inc is a Canada based company engaged in the exploration and development of and production of petroleum and natural gas properties in Southern Alberta. The company has interest in certain oil production, oil reserves, lands, leases and miscellaneous interests in Southern Alberta. The company principally generates revenue from the sale of commodities, which include crude oil and natural gas.

Jaguar Resources (Jaguar Resources) Headlines

From GuruFocus

Jaguar Announces Appointment of Chief Financial Officer

By GlobeNewswire GlobeNewswire 05-28-2018

Jaguar Resources Inc. Arranges $132 Million USD Letter of Credit

By GlobeNewswire GlobeNewswire 01-09-2019

Jaguar Resources Inc. Announces the Issuance of Shares for Debt

By GlobeNewswire GlobeNewswire 08-10-2018