Hecla Mining Co (XTER:HCL) Momentum Rank : 7 (As of Dec. 12, 2024)

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What is Hecla Mining Co Momentum Rank?

Hecla Mining Co has the Momentum Rank of 7.

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 Hecla Mining Co's Momentum Rank

For the Other Precious Metals & Mining subindustry, Hecla Mining Co'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.

Hecla Mining Co's Momentum Rank Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hecla Mining Co's Momentum Rank falls into.

Hecla Mining Co Momentum Rank Related Terms

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Hecla Mining Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hecla Mining Co (XTER:HCL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

HLpB.PFD:USA HL:USA 1HL:Italy 0R0A:UK HCL:Germany HCL:Germany HLMI:Austria HL:Argentina

Address

6500 North Mineral Drive, Suite 200, Coeur d\'Alene, ID, USA, 83815-9408

Website

https://www.hecla.com

Hecla Mining Co produces and explores silver, gold, zinc and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada , United States and Mexico and it derives a majority of its revenue from United States.

Hecla Mining Co Headlines

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