Decisive Dividend (TSXV:DE) Momentum Rank : 2 (As of Apr. 13, 2025)

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What is Decisive Dividend Momentum Rank?

Decisive Dividend has the Momentum Rank of 2.

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 Decisive Dividend's Momentum Rank

For the Conglomerates subindustry, Decisive Dividend'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.

Decisive Dividend's Momentum Rank Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Decisive Dividend's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Decisive Dividend's Momentum Rank falls into.

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Decisive Dividend Momentum Rank Related Terms

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Decisive Dividend Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Decisive Dividend Corp (TSXV:DE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

DEDVF:USA PC9:Germany

Address

No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7

Website

https://www.decisivedividend.com

Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadershi..

Executives

James Andrew Paterson	Director, Senior Officer
Richard Torriero	Senior Officer
Jeffrey David Schellenberg	Senior Officer
Timothy James Pirie	Director
Michael Bruce Campbell	Director
Gerald Terence Edwards	Director, Senior Officer
Warren Frederick Matheos	Director
David Redekop	Senior Officer