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Western Uranium & Vanadium (Western Uranium & Vanadium) Momentum Rank : 6 (As of Jun. 10, 2024)


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What is Western Uranium & Vanadium Momentum Rank?

Western Uranium & Vanadium has the Momentum Rank of 6.

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 Western Uranium & Vanadium's Momentum Rank

For the Uranium subindustry, Western Uranium & Vanadium'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.


Western Uranium & Vanadium's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Western Uranium & Vanadium's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Western Uranium & Vanadium's Momentum Rank falls into.



Western Uranium & Vanadium Momentum Rank Related Terms

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


Western Uranium & Vanadium (Western Uranium & Vanadium) Business Description

Traded in Other Exchanges
Address
330 Bay Street, Suite 1400, Toronto, ON, CAN, M5H 2S8
Western Uranium & Vanadium Corp is a Canada based company involved in industrial metals and mines business sector. The company is involved in the acquisition and development of uranium and vanadium resource properties in the states of Utah and Colorado in the United States of America.
Executives
Wilder Andrew J.s. director 27 REYNOLDS LANE, KATONAH NY 10536
Bryan J Murphy director 1681 BRAMSEY DRIVE, MISSISSAUGA A6 L5J 2H9
Robert R. Klein officer: Chief Financial Officer 7 BRENTWOOD COURT, WARREN NJ 07059
Baobab Asset Management Llc 10 percent owner 3 GREENWICH OFFICE PARK, SUITE 102, GREENWICH CT 06831
George Edwinlee Glasier director, 10 percent owner, officer: Chief Executive Officer 31161 HIGHWAY 90, PO BOX 825, NUCLA CO 81424
Russell S. Fryer director, 10 percent owner, officer: Executive Chairman 3 GREENWICH OFFICE PARK, SUITE 102, GREENWICH CT 06831
Siebels Hard Asset Fund, Ltd. 10 percent owner C/O GREEN CAY PRIVATE CLIENT LTD, LYFORD CAY DRIVE, LYFORD CAY, NASSAU C5 N-7776
Skutezky Ernest Michael Rhodes director SUITE 101, 2 ROXBOROUGH STREET EAST, TORONTO A6 M4W 3V7

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