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Kali (KALY) Momentum Rank : 0 (As of Sep. 20, 2024)


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What is Kali Momentum Rank?

Kali 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.


Kali Momentum Rank Related Terms

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Kali Business Description

Traded in Other Exchanges
N/A
Address
8300 Douglas Avenue, Suite 800, Dallas, TX, USA, 75225
Kali Inc is a United States based company involved in cannabis extraction business. It focuses on development of pharmaceuticals to treat various illnesses, diseases and chronic pain as a symptom of various diagnoses. The company also concentrates on the development of health and wellness therapies.
Executives
Tchaikovsky Bennet Price Jr officer: Chief Financial Officer 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Ying Teresa Zhang director NO. 9 YANYU MIDDLE ROAD, QIANZHOU VILLAGE, HUISHAN DISTRICT, WUXI JIANGSU F4 214181
Bradley W Miller director, 10 percent owner, officer: CEO BLOCK C FLAT 410, LOTUS HILL GOLF APTS., LOTUS HILL TOWN, PANYU DISTRICT, GUANGZHOU F4 511440