Progressive Planet Solutions (TSXV:PLAN) Momentum Rank : 10 (As of Apr. 30, 2025)

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What is Progressive Planet Solutions Momentum Rank?

Progressive Planet Solutions has the Momentum Rank of 10.

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 Progressive Planet Solutions's Momentum Rank

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.

Progressive Planet Solutions's Momentum Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Progressive Planet Solutions's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Progressive Planet Solutions's Momentum Rank falls into.

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Progressive Planet Solutions Momentum Rank Related Terms

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Progressive Planet Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Progressive Planet Solutions Inc (TSXV:PLAN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ASHXF:USA

Address

724 Sarcee Street East, Kamloops, BC, CAN, V2H 1E7

Website

https://www.progressiveplanet.com

Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.

Executives

George David Richardson	10% Security Holder
Stephen Kenneth Harpur	Director, Senior Officer
Steve Gurney	Senior Officer
Christopher Halsey-brandt	Senior Officer
Scott Ronald Jenkins	Director
Edward Beggs	Director
Michael Bruno John Franz England	Director