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Wolverine Resources (Wolverine Resources) Momentum Rank : 0 (As of Jun. 20, 2024)


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What is Wolverine Resources Momentum Rank?

Wolverine Resources 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.

Wolverine Resources Momentum Rank Related Terms

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Wolverine Resources (Wolverine Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wolverine Resources Corp (OTCPK:WOLV) » Definitions » Momentum Rank
Comparable Companies
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Traded in Other Exchanges
N/A
Address
11020-Williams Road, Suite 55, Richmond, BC, CAN, V7A 1X8
Website
https://www.wolverineresourcescorp.com
Wolverine Resources Corp is an exploration stage mining company engaged in the business of identification, acquisition, and exploration of metals and minerals with a focus on base and precious metals. Its projects include Labrador property located in Canada, which is also known as Cache river property, and Frog property.
Executives
Donald Kenneth Bowins director 8955 EMIRY STREET, MISSION A1 V4S 1A6
Rich Resources Inc. 10 percent owner 3 PIWAS STREET, PO BOX 65, NATUASHISH A4 A0P 1A0
Richard Dean Haderer director, officer: CEO & CFO 103 HUNTCROFT PLACE NE, CALGARY A0 T2K 4E6
Slade Dyer director 33219 BROWN CRESCENT, MISSION A1 V2V 2R3
Craig Young director 2612 TELFORD DRIVE, KAMLOOPS A1 V1S 0A3
Bruce Edward Costerd director, officer: CEO #55-11020 WILLIAMS ROAD, RICHMOND A1 V7A 1X8
Lee Costerd director, officer: President & Secretary 4055 MCLEAN ROAD, QUESNEL A1 V2J 6V5
Luke Rich director, officer: VP Expl. & Business Devlp. P.O. BOX 65, NATUASHISH A4 A0P 1A0
David Ian Chalk director 20629 86A AVENUE, LANGLEY A1 V1M 3X3

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