Liberty Defense Holdings (Liberty Defense Holdings) Momentum Rank : 1 (As of Jun. 22, 2024)

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What is Liberty Defense Holdings Momentum Rank?

Liberty Defense Holdings has the Momentum Rank of 1.

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.

Competitive Comparison of Liberty Defense Holdings's Momentum Rank

For the Security & Protection Services subindustry, Liberty Defense Holdings's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Liberty Defense Holdings's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Liberty Defense Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Liberty Defense Holdings's Momentum Rank falls into.

Liberty Defense Holdings Momentum Rank Related Terms

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Liberty Defense Holdings (Liberty Defense Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Liberty Defense Holdings Ltd (OTCPK:LDDFF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

LD2A:Germany SCAN:Canada

Address

187 Ballardvale Street, Suite 110, Wilmington, MA, USA, 01887

Website

https://www.libertydefense.com

Liberty Defense Holdings Ltd provides multi-technology security solutions for concealed weapons and threat detection in high-volume foot traffic areas and locations requiring enhanced walk-through security such as airports, stadiums, and schools. Liberty's HEXWAVE product, licensed from the Massachusetts Institute of Technology, with patents related to active 3D radar imaging technology, provides layered, stand-off detection capability of metallic and non-metallic weapons. The company has also licensed the millimeter wave-based, High-Definition Advanced Imaging Technology body scanner and shoe scanner technologies as part of its technology portfolio. It is committed towards protecting communities and preserving peace of mind through next-generation security detection solutions.