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AppHarvest (AppHarvest) Momentum Rank : 0 (As of Apr. 29, 2024)


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What is AppHarvest Momentum Rank?

AppHarvest 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.


AppHarvest Momentum Rank Related Terms

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AppHarvest (AppHarvest) Business Description

Traded in Other Exchanges
N/A
Address
500 Appalachian Way, Morehead, KY, USA, 40351
AppHarvest Inc operates in the agriculture sector. It is an agriculture technology company. The company is engaged in developing and operating controlled environment indoor farms.
Executives
Gary Broadbent officer: Chief Legal and Restructuring C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
David J. Lee director, officer: President C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Hollie P. Harris director C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Anthony Ronald Martin director C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Julie Nelson officer: Chief Operating Officer C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
J Kevin Willis director 50 E RIVERCENTER BLVD, COVINGTON KY 41011
Patrick Halfmann director C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Ciara Burnham director 3110 MAIN STREET, SUITE 400, SANTA MONICA CA 90405
Loren Eggleton officer: Chief Financial Officer C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Greg W. Couch director C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Ralph Geof Rochester director C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Robert J Laikin director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Kiran Bhatraju director C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Martha Stewart director C/O MARTHA STEWART LIVING OMNIMEDIA INC, 20 WEST 43RD STREET, NEW YORK NY 10036

AppHarvest (AppHarvest) Headlines

From GuruFocus

AppHarvest to Report Third Quarter 2022 Performance

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