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Giyani Metals (OTCPK:CATPF) Momentum Rank

: 1 (As of Today)
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Giyani Metals has the Momentum Rank of 1.

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.


Giyani Metals (OTCPK:CATPF) Momentum Rank Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Giyani Metals'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.

   

Giyani Metals (OTCPK:CATPF) Momentum Rank Distribution

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

* The bar in red indicates where Giyani Metals's Momentum Rank falls into.



Giyani Metals Momentum Rank Related Terms

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Giyani Metals (OTCPK:CATPF) Business Description

Giyani Metals logo
Traded in Other Exchanges
Address
666 Burrard Street, Suite 1700, Park Place, Vancouver, BC, CAN, V6C 2X8
Giyani Metals Corp is a Canadian battery metals company. Through its subsidiary in Botswana, the company is engaged in the advancement of its manganese prospects within the Kanye Basin in south eastern Botswana, Africa. Its Kanye Basin Prospects include the K.Hill Project, as well as Otse and Lobatse. It is engaged in the business segments of the exploration, evaluation and development of manganese and precious metal mining projects located in Botswana and South Africa.
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