GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gemini Sea Food PLC (DHA:GEMINISEA) » Definitions » Momentum Rank

Gemini Sea Food (DHA:GEMINISEA) Momentum Rank : 0 (As of Apr. 25, 2024)


View and export this data going back to . Start your Free Trial

What is Gemini Sea Food Momentum Rank?

Gemini Sea Food 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.

Gemini Sea Food Momentum Rank Related Terms

Thank you for viewing the detailed overview of Gemini Sea Food's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Gemini Sea Food (DHA:GEMINISEA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gemini Sea Food PLC (DHA:GEMINISEA) » Definitions » Momentum Rank
Comparable Companies
BOM:519606 BOM:519367 BOM:530219 BOM:539593 BOM:524614 BOM:512565 BOM:540681 BOM:519279 BOM:500236 BOM:530735 BOM:531265 BOM:526285 BOM:519031 BOM:526113 GLUC TSXV:CYF BOM:519262 XCNQ:KDZ BOM:531598 BOM:514197
Traded in Other Exchanges
N/A
Address
House 44, Road 16, Dhanmondi, Dhaka, BGD, 1209
Website
http://www.geminiseafood.com
Gemini Sea Foods PLC is an exporter of seafood in Bangladesh. It produces, processes, packages, and exports traditional block frozen shrimps. They process shrimp and fish only which is their only business segment. The products of the company are Black Tiger Shrimp, Cat Tiger Shrimp, Fresh Water Shrimp, Chaka, Harina Shrimp and Fish. It exports its products to USA and EU countries like the UK, Germany, Denmark, Netherlands, Belgium, and Russia.

Gemini Sea Food (DHA:GEMINISEA) Headlines

No Headlines