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Premier Products Group (Premier Products Group) Momentum Rank : 0 (As of Jun. 25, 2024)


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What is Premier Products Group Momentum Rank?

Premier Products Group 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.


Premier Products Group Momentum Rank Related Terms

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Premier Products Group (Premier Products Group) Business Description

Traded in Other Exchanges
N/A
Address
6303 Owensmouth Avenue, Suite 1058, Woodland Hills, CA, USA, 91367
Premier Products Group Inc is a development stage company looking for a merger.
Executives
William M Wright director, officer: Chief Financaial Officer 3256 CHICO WAY NW BREMERTON WA 98312
Richard Michael Johnson director, officer: Chief Executive Officer 10777 WESTHEIMER RD SUITE 1100 HOUSTON TX 77042
Capital Managment Coron 10 percent owner 2 SHARON LANE SCARSDALE NY 10583
Andrew I Telsey director, officer: CEO/President/Secretary/Treas. 6198 SOUTH MOLINE COURT, ENGLEWOOD CO 80111
John Michael Coombs director, officer: President, CEO, CFO, Sec/Trea 2435 SCENIC DRIVE SALT LAKE CITY UT 84109
North Beck Joint Venture Llc 10 percent owner 2435 SCENIC DRIVE SALT LAKE CITY UT 84109