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Vodka Brands (Vodka Brands) Momentum Rank : 0 (As of Jun. 23, 2024)


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What is Vodka Brands Momentum Rank?

Vodka Brands has the Momentum Rank of 0.

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.

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Vodka Brands (Vodka Brands) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vodka Brands Corp (OTCPK:VDKB) » Definitions » Momentum Rank
Comparable Companies
TSXV:DWS JCTG BOM:533320 OSTO:MACK B HKSE:00389 LSE:GUS BOM:507205 HKSE:08509 EAST BORN HKSE:01389 BOM:507435 BOM:531879 WVVI ASX:AWY BOM:530305 XSGO:EMILIANA XKLS:5188 BOM:538771 XKRX:023150
Traded in Other Exchanges
N/A
Address
510 Roslyn Place, Pittsburgh, PA, USA, 15232
Website
http://www.bestvodkabrands.com
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.