Rubicon Organics (TSXV:ROMJ) Momentum Rank : 3 (As of Apr. 24, 2025)

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What is Rubicon Organics Momentum Rank?

Rubicon Organics has the Momentum Rank of 3.

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 Rubicon Organics's Momentum Rank

For the Drug Manufacturers - Specialty & Generic subindustry, Rubicon Organics'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.

Rubicon Organics's Momentum Rank Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Rubicon Organics's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Rubicon Organics's Momentum Rank falls into.

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Rubicon Organics Momentum Rank Related Terms

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Rubicon Organics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Rubicon Organics Inc (TSXV:ROMJ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ROMJF:USA

Address

744 West Hastings Street, Unit 505, Vancouver, BC, CAN, V6C 1A5

Website

https://www.rubiconorganics.com

Rubicon Organics Inc is engaged in the business of the production and sale of cannabis in Canada. The Company produces and processes organic cannabis at its wholly-owned, federally licensed facility in Delta, British Columbia which it sells under its wholly owned and other licensed brands such as Lab Theory, Wildflower, Homestead Cannabis Supply, 1964 Supply Co, and Simply Bare Organic.

Executives

Lenard Boggio	Director
John Pigott	Director
Karen Proud	Director
Eric Savics	10% Security Holder
Michael Erik Detlefsen	Director
Margaret Brodie	Director, Senior Officer
Jesse Mcconnell	10% Security Holder, Director, Senior Officer
Pierre Lassonde	10% Security Holder
Peter Doig	Senior Officer
John Bryan Disher	Director

Rubicon Organics Headlines

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