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


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What is Lithium Momentum Rank?

Lithium 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.


Lithium Momentum Rank Related Terms

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Lithium (Lithium) Business Description

Traded in Other Exchanges
N/A
Address
1031 Railroad Street, Suite 102B, Elko, NV, USA, 89801
Lithium Corp is an exploration company based in Nevada. It is engaged in the identification, acquisition, and exploration of metals and minerals. Lithium Corporation is currently exploring two wholly owned prospects located in the State of Nevada, USA and two prospects in British Columbia, Canada. The company's properties include Fish Lake property, San Emidio property, Mount Heimdal Flake Graphite property and BC Sugar Flake Graphite property.
Executives
Dr Borenstein Ltd 10 percent owner 18 REINES ST, TEL AVIV L3 00000
Tom Lewis director, 10 percent owner, officer: President/Secretary/Treasurer 1958 NEWHAVEN LOOP, RICHLAND WA 99352
Alexander Richard Walsh director, 10 percent owner, officer: President / CEO 320 E. FAIRMONT DR, TEMPE AZ 85282
Brian O'connell Goss director 1031 RAILROAD STREET, SUITE 102B, ELKO NV 89801
James Stuart Brown director APARTMENT PEARL GARDEN, UNIT NO. WP00606, JL. JEN. GATOT SUBROTO KAV 5-7, JAKARTA K8 12930
John G Webster director 224 W. 16TH AVENUE, SPOKANE WA 99203
John E Hiner director, 10 percent owner, officer: VP of Exploration 9443 AXLUND ROAD, LYNDEN WA 98264
Henry H Tonking director PO BOX 6545, INCLINE VILLAGE NV 89451
Mazen Hleiss director, officer: President/Secretary/Treasurer 999 - 3RD AVE #3800, SEATTLE WA 98104