Euro Manganese (TSXV:EMN) Momentum Rank : 0 (As of Mar. 15, 2025)

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What is Euro Manganese Momentum Rank?

Euro Manganese 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.

Euro Manganese Momentum Rank Related Terms

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Euro Manganese Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Euro Manganese Inc (TSXV:EMN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

EUMNF:USA E06:Germany EMN:Australia

Address

700 West Pender Street, Suite 709, Vancouver, BC, CAN, V6C 1G8

Website

https://www.mn25.ca

Euro Manganese Inc is a Canada-based mineral exploration company. It is mainly engaged in the evaluation and development of the Chvaletice manganese project for the production of high-purity electrolytic manganese metal and high-purity manganese sulphate monohydrate ("HPMSM") and other high-purity manganese products.

Executives

Matthew Peter James	Director, Senior Officer
Andrea Melissa Zaradic	Senior Officer
Martina Blahova	Senior Officer
Marco Antonio Romero	Director, Senior Officer
Jan Votava	Director
Fausto Taddei	Senior Officer
Harvey Neil Mcleod	Director
Roman Shklanka	Director