Treasure Island Royalty Trust (Treasure Island Royalty Trust) Momentum Rank : 0 (As of May. 20, 2024)

View and export this data going back to 2003. Start your Free Trial

What is Treasure Island Royalty Trust Momentum Rank?

Treasure Island Royalty Trust 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.

Treasure Island Royalty Trust Momentum Rank Related Terms

Thank you for viewing the detailed overview of Treasure Island Royalty Trust's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Treasure Island Royalty Trust (Treasure Island Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Treasure Island Royalty Trust (OTCPK:TISDZ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

5555 San Felipe, 11th Floor, Houston, TX, USA, 77056

Website

Treasure Island Royalty Trust holds non-expense bearing overriding royalty interests in ultra deep prospects in the shallow waters of the Gulf of Mexico.

Executives

Seven Bridges Foundation, Inc.	10 percent owner	31 BROOKSIDE DRIVE, GREENWICH CT 06830
Mckenzie Richard C Jr	10 percent owner	118 JOHN STREET, GREENWICH CT 06831

Treasure Island Royalty Trust (Treasure Island Royalty Trust) Headlines

No Headlines