Sino American Oil Co (Sino American Oil Co) Momentum Rank : 0 (As of May. 16, 2024)

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What is Sino American Oil Co Momentum Rank?

Sino American Oil Co 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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Sino American Oil Co (Sino American Oil Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sino American Oil Co (OTCPK:OILY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2123 Pioneer Avenue, Cheyenne, WY, USA, 82001

Website

https://www.sinoamericanoil.com

Sino American Oil Company is an oil and gas exploration company. It also seeks mergers and acquisitions contracts and commodity trading of hydrocarbon products. The Company is currently negotiating deals with a large exploration area oil field owners in the Western Canadian sedimentary basin. The deals involve oil and gas production acquisitions, mineral land acquisitions, and further production increases through production optimization and drilling activities as well as production infrastructure installations.

Executives

Cameron R Fink	director	5190 NEIL ROAD, SUITE 430, RENO NV 89502
Ronald Edward Hughes	director, officer: President CFO	347 EVERGREEN WAY, POINT ROBERTS WA 98281
Heather Grant	officer: Corporate Secretary	3631 GRANVILLE AVE, RICHMOND A1 V7C1C8
Arne Raabe	director, 10 percent owner, officer: President, CFO	88 QUEENS ROAD, HONG KONG K3 999999
Craig Wacaser	director	350 SOUTH CENTER STREET, SUITE 500, RENO NV 89501

Sino American Oil Co (Sino American Oil Co) Headlines

From GuruFocus

Sino American Oil Company Announces Retention of International Monetary

By ACCESSWIRE ACCESSWIRE • 10-15-2021