Blackwolf Copper and Gold (TSXV:BWCG) Momentum Rank : 2 (As of May. 26, 2024)

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What is Blackwolf Copper and Gold Momentum Rank?

Blackwolf Copper and Gold has the Momentum Rank of 2.

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.

Competitive Comparison of Blackwolf Copper and Gold's Momentum Rank

For the Other Precious Metals & Mining subindustry, Blackwolf Copper and Gold'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.

Blackwolf Copper and Gold's Momentum Rank Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Blackwolf Copper and Gold's Momentum Rank falls into.

Blackwolf Copper and Gold Momentum Rank Related Terms

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Blackwolf Copper and Gold (TSXV:BWCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blackwolf Copper and Gold Ltd (TSXV:BWCG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BWCGF:USA HRE:Germany

Address

595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1

Website

https://www.blackwolfcopperandgold.com

Blackwolf Copper and Gold Ltd is a mineral exploration and development company based in Vancouver. It is focused on base and precious metal projects located in Alaska and British Columbia. Its Niblack Project is endowed with volcanogenic massive sulphide mineralization including the Lookout and Trio deposits which host compliant resources of copper, gold, silver, and zinc; Texas Creek property; Cantoo Property and Others.

Executives

Frank Giustra	10% Security Holder
Lindsey Le Ho	Senior Officer
Morgan Lekstrom	Director, Senior Officer
Robert John Mcleod	Director, Senior Officer

Blackwolf Copper and Gold (TSXV:BWCG) Headlines

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