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Puradyn Filter Technologies (Puradyn Filter Technologies) Momentum Rank : 0 (As of Jun. 22, 2024)


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What is Puradyn Filter Technologies Momentum Rank?

Puradyn Filter Technologies 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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Puradyn Filter Technologies (Puradyn Filter Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
Executives
Kevin G Kroger director, officer: President, Chief Operating Off 4305 CHERRY HILL E. ORCHARD LAKE MI 48323
Edward Vittoria director, 10 percent owner, officer: Chief Executive Officer C/O 2017 HIGH RIDGE ROAD BOYNTON BEACH FL 33426
John S Caldwell director 7902 SOUTH RUN VIEW, SPRINGFIELD VA 22153
Joseph V Vittoria director, 10 percent owner, officer: Executive Chairman of Board P O BOX 66100 WHQLD CHICAGO IL 60666
Alan J Sandler officer: Vice President and CAO 21621 MAGDALENA TERRACE BOCA RATON FL 33433
Dominick A Telesco director 150 VIA BELLARIA PALM BEACH FL 33480
Forrest Duane Hayes other: Former director 56 WEXFORD ON THE GREEN HILTON HEAD ISLAND SC 29928
Charles W Walton director 25800 SCIENCE PARK DRIVE, SUITE 140 BEACHWOOD OH 44122
Cindy Lea Gimler officer: Chief Financial Officer 10779 CAMBAY CIRCLE BOYNTON BEACH FL 33437
Kathryn Ann Morris other: Director of Corp Communic. 52 BAYTREE CIRCLE BOYNTON BEACH FL 33436
Doris W Clifton officer: VP Sales and Marketing 7298 WILLIAMSON RD DALLAS TX 75214
Richard C Ford director, 10 percent owner
Glenhill Advisors Llc 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenn J Krevlin 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Peter H Stephaich director 525 WILLIAM PENN PL STE 3901 PITTSBURGH PA 15219

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