GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Charbone Hydrogen Corp (TSXV:CH) » Definitions » Momentum Rank

Charbone Hydrogen (TSXV:CH) Momentum Rank : 0 (As of Mar. 28, 2025)


View and export this data going back to 2022. Start your Free Trial

What is Charbone Hydrogen Momentum Rank?

Charbone Hydrogen 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.

Charbone Hydrogen Momentum Rank Related Terms

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

Charbone Hydrogen Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Charbone Hydrogen Corp (TSXV:CH) » Definitions » Momentum Rank
Comparable Companies
TSXV:HELI TSXV:SWAN TSE:4063 SAU:2010 XTER:BAS DOW SHSE:600989 SHSE:600346 XKRX:051910 TSE:4091 SZSE:002493 TSE:3407 SZSE:002460 SHSE:603260 SHSE:600160 XBRU:SYENS SZSE:000301 XKLS:5183 SZSE:000408 SHSE:601216
Traded in Other Exchanges
CHHYF:USA K47:Germany
Address
5005 Boul. Lapiniere, Suite 1080, Brossard, QC, CAN, J4Z 0N5
Website
https://www.charbone.com
Charbone Hydrogen Corp is a Canadian green hydrogen group established in North America. The Company develops modular and expandable hydrogen facilities. Through the acquisition of hydropower plants in the United States of America and Canada, Charbone will be able to produce green dihydrogen molecules using reliable and sustainable energy to distinguish itself as a provider of an environmentally friendly solution for industrial and commercial enterprises. The company operates in a single sector, which is small-scale hydroelectric power generation in North America.
Executives
Daniel Charette Director or Senior Officer of 10% Security Holder, Senior Officer

Charbone Hydrogen Headlines

No Headlines