ReVolve Renewable Power (TSXV:REVV) Momentum Rank : 4 (As of Apr. 29, 2025)

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What is ReVolve Renewable Power Momentum Rank?

ReVolve Renewable Power has the Momentum Rank of 4.

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 ReVolve Renewable Power's Momentum Rank

For the Utilities - Renewable subindustry, ReVolve Renewable Power'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.

ReVolve Renewable Power's Momentum Rank Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ReVolve Renewable Power's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ReVolve Renewable Power's Momentum Rank falls into.

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ReVolve Renewable Power Momentum Rank Related Terms

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ReVolve Renewable Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReVolve Renewable Power Corp (TSXV:REVV) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

REVVF:USA PM7:Germany

Address

Philipsburgh Avenue Fairview, Bushfield House, 57 Bushfield Square, Dublin, IRL, 3

Website

https://www.revolve-renewablepower.com

ReVolve Renewable Power Corp develops utility-scale renewable energy projects across the U.S., Canada, and Mexico, focusing on wind, solar, and battery storage. Its portfolio includes the Primus Wind Project, Limon Solar & Storage Project, El 24 Wind Project, Box Springs Wind Farm, and Tamihi Creek Hydro among others. The company's operating segments are; utility-scale renewable energy generation projects with a particular focus on wind, solar, hydro, and battery storage technologies; behind-the-meter distributed electricity generation including rooftop solar, battery storage, and energy efficiency projects at customer premises; and corporate. Geographically, the company generates maximum revenue from the United States of America and the rest from Canada and Mexico.

Executives

Stephen Dalton	Director
Joseph Ofarrell	10% Security Holder, Director
Roger Norwich	10% Security Holder, Director
John Philip (jp) Maguire	Director
Craig Thomas Lindsay	Director, Senior Officer

ReVolve Renewable Power Headlines

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