SKKRF (SKRR Exploration) Momentum Rank : 8 (As of Apr. 23, 2025)

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What is SKRR Exploration Momentum Rank?

SKRR Exploration has the Momentum Rank of 8.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of SKRR Exploration's Momentum Rank

For the Other Industrial Metals & Mining subindustry, SKRR Exploration's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SKRR Exploration's Momentum Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, SKRR Exploration's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SKRR Exploration's Momentum Rank falls into.

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SKRR Exploration Momentum Rank Related Terms

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SKRR Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SKRR Exploration Inc (OTCPK:SKKRF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

B041:Germany SKRR:Canada

Address

228 - 1122 Mainland Street, Vancouver, BC, CAN, V6B 5L1

Website

https://www.skrr.ca

SKRR Exploration Inc is a precious metal explorer with properties in Saskatchewan. The primary exploration focus is on the Trans-Hudson Corridor in search of precious metal deposits. The company's project portfolio consists of the Irving /Leland Project, Ithingo Lake Property, Manson Bay Property, Cathro Gold Property, and Olson Gold Property.

SKRR Exploration Headlines

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