STSS (Sharps Technology) Momentum Rank : 0 (As of Mar. 26, 2025)

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What is Sharps Technology Momentum Rank?

Sharps Technology has the Momentum Rank of 0.

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.

Sharps Technology Momentum Rank Related Terms

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Sharps Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sharps Technology Inc (NAS:STSS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Maxess Road, Suite 124, Melville, NY, USA, 11747

Website

https://www.sharpstechnology.com

Sharps Technology Inc is a medical device company. It offers syringes and other safety products. Sharps provensa, Securgard, and Sologard are ultra-low waste smart safety syringes are designed to eliminate potentially infectious and accidental needlestick injuries.

Executives

Robert Michael Hayes	director, officer: Chief Executive Officer	75 BROOKSHIRE DRIVE, YOUNGSVILLE NC 27596
Andrew R. Crescenzo	officer: Chief Financial Officer	C/O ENZO BIOCHEM, 527 MADISON AVENUE, NEW YORK NY 10022
Timothy James Ruemler	director	3311 RIVERPARK CT., BENITA SPRINGS FL 34134
Alan R. Blackman	director, officer: CIO and COO	11502 ROBLES DR. REPP PLACE, TEMPLE TERRACE FL 33617
Paul K Danner	director
Soren Bo Christiansen	director	4059 SPRING VALLEY ROAD, DOYLESTOWN PA 18902
Brenda Baird Simpson	director	7336 PRAIRIE STAR COURT,, PARKER CO 80134
Jason L. Monroe	director	14527 LINDALE ROSE LANE, HUMBLE TX 77379
Barry Boris Berler	officer: CTO and Inventor	77 HERZL STREET, RAMAT GAN L3 5244352