Teuton Resources (TSXV:TUO) Momentum Rank : 10 (As of May. 27, 2024)

View and export this data going back to 1985. Start your Free Trial

What is Teuton Resources Momentum Rank?

Teuton Resources has the Momentum Rank of 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.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Teuton Resources's Momentum Rank

For the Other Precious Metals & Mining subindustry, Teuton Resources'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.

Teuton Resources's Momentum Rank Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Teuton Resources's Momentum Rank falls into.

Teuton Resources Momentum Rank Related Terms

Thank you for viewing the detailed overview of Teuton Resources's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Teuton Resources (TSXV:TUO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teuton Resources Corp (TSXV:TUO) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TEUTF:USA TFE1:Germany

Address

2130 Crescent Road, Victoria, BC, CAN, V8S 2H3

Website

http://www.teuton.com

Teuton Resources Corp is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia, Canada. The company emphasizes exploring gold, silver, and copper deposits. The Company also retains many net smelter royalty interests, including ten within and around the Sulphurets Hydrothermal System The company's projects include Treaty Creek Property, King Tut and Tuck Properties, Eskay Rift Property, Orion Property, Tennyson Property, Four J's Claims, Del Norte, Midas Properties, Clone Property and many more.

Executives

Dino Mario Cremonese

Director, Senior Officer

Teuton Resources (TSXV:TUO) Headlines

No Headlines