Kalo Gold (TSXV:KALO) Momentum Rank : 0 (As of Apr. 30, 2025)

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What is Kalo Gold Momentum Rank?

Kalo Gold 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.

Kalo Gold Momentum Rank Related Terms

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Kalo Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kalo Gold Corp (TSXV:KALO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

KLGDF:USA 0SX0:Germany

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.kalogoldcorp.com

Kalo Gold Corp is a mineral exploration company focused on the Vatu Aurum gold project (Vatu Aurum) on Fiji's north island, Vanua Levu and AxelGold Alkalic Gold Project (AxelGold), Canada located in Northern British Columbia, Canada.

Executives

Yee Yin Dickson Lam	10% Security Holder
Cam Bruno Grundstrom	Director
Kevin Ma	Director, Senior Officer
Fred Antonio Tejada	Director, Senior Officer
Alexander Tong	Senior Officer

Kalo Gold Headlines

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