SELECT * FROM `stock_list` WHERE `symbol` = "VVDTF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='VVDTF' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "VVDTF" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 VVDTF (Vivid Technology) Momentum Rank
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vivid Technology Ltd (OTCPK:VVDTF) » Definitions » Momentum Rank

Vivid Technology (Vivid Technology) Momentum Rank : 0 (As of May. 01, 2024)


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What is Vivid Technology Momentum Rank?

Vivid Technology 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.

Vivid Technology Momentum Rank Related Terms

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Vivid Technology (Vivid Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vivid Technology Ltd (OTCPK:VVDTF) » Definitions » Momentum Rank
Comparable Companies
TSXV:GRB BOM:542323 BUD:ENEFI CPWR XAMS:NSE BKK:SAAM ASX:AWN OSL:EAM OSL:AEGA BOM:526025 TSE:1711 BKK:ABM-R XCNQ:ERTH TSXV:NKW WBO:VOLT ASX:TML IST:BMELK BOM:534618 HCCC BOM:541445
Traded in Other Exchanges
N/A
Address
500 Collins Street, Level 14, Melbourne, VIC, AUS, 3000
Website
http://www.vividtechnology.com.au
Vivid Technology Ltd is an Australian-based renewable energy company with interests in technology-focused solutions in industrial energy efficiency and CO2-to-fuel conversion markets. The company operates through three segments: Industrial Energy Efficiency which provides lighting solutions to industrial and commercial business in Australia and Pacific Rim, The Technology investment segment includes technology investments or projects; The Other investment segment includes company's previous investment in geothermal activities. The company generates maximum revenue from Energy efficiency segment.

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