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Puget Technologies (Puget Technologies) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is Puget Technologies Momentum Rank?

Puget 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.

Puget Technologies Momentum Rank Related Terms

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Puget Technologies (Puget Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Puget Technologies Inc (OTCPK:PUGE) » Definitions » Momentum Rank
Comparable Companies
CIIT NIMU MTLK FRTG EMAX CBPI ASNB CWNOF PGLO QSMG GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
1200 North Federal Highway, Suite 200-A, Boca Raton, FL, USA, 33432
Website
https://www.pugettechnologies.com
Puget Technologies Inc is a development-stage company in the United States.
Executives
Thomas M Jaspers director, 10 percent owner, officer: Chief Financial Officer 8310 S VALLEY HIGHWAY SUITE 300 ENGLEWOOD CO 80112
Qest Acquisition Corp 10 percent owner 8310 S VALLEY HIGHWAY SUITE 300 ENGLEWOOD CO 80112

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