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Base Carbon (NEOE:BCBN) Momentum Rank : 0 (As of Jan. 18, 2025)


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What is Base Carbon Momentum Rank?

Base Carbon 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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Base Carbon Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Base Carbon Inc (NEOE:BCBN) » Definitions » Momentum Rank
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Traded in Other Exchanges
BCBNF:USA
Address
50 Carroll Street East, Toronto, ON, CAN, M5M 3G3
Website
https://www.basecarbon.com
Base Carbon Inc is engaged in providing capital, development expertise, and management operating resources to projects involved primarily in voluntary carbon markets and the broader environmental markets. The Company engages with corporations, sovereign entities, academic institutions, and carbon reduction project developers to produce and commercialize verified carbon credits.
Executives
William Scott Leckie Director or Senior Officer of 10% Security Holder
Steve Fray Director or Senior Officer of 10% Security Holder
Ryan Hornby Senior Officer
Joshua Dale Crumb Director or Senior Officer of 10% Security Holder
Michael Costa Director, Senior Officer

Base Carbon Headlines

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