AMMO (POWW) Momentum Rank : 8 (As of Apr. 24, 2024)

View and export this data going back to 1997. Start your Free Trial

What is AMMO Momentum Rank?

AMMO has the Momentum Rank of 8.

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 AMMO's Momentum Rank

For the Aerospace & Defense subindustry, AMMO'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.

AMMO's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AMMO's Momentum Rank distribution charts can be found below:

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

AMMO Momentum Rank Related Terms

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

AMMO (POWW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AMMO Inc (NAS:POWW) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

92P:Germany

Address

7681 E. Gray Road, Scottsdale, AZ, USA, 85260

Website

https://www.ammoinc.com

AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a vertically integrated producer of high-performance ammunition and components. It engages in the design, manufacture, and market of ammunition products in the Shooting sports industry in the United States. The firm's product segment comprises Ammunition and Marketplace. The Ammunition segment engages in the design, production, and marketing of ammunition and ammunition component products and the marketplace segment consists of the GunBroker.com marketplace. The company generates the majority of its revenue from the Ammunition segment.

Executives

Jared Rowe Smith	officer: President & COO	7681 E GRAY ROAD, SCOTTSDALE AZ 85260
Harry S Markley	director	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Robert Goodmanson	director	708 SOUTH 3RD STREET, SUITE 400E, MINNEAPOLIS MN 55415
Christos George Tsentas	director	2600 TOWER OAKS BOULEVARD, SUITE 280, ROCKVILLE MD 20852
Wayne Remell Walker	director	1515 MARKET STREET, SUITE 1720, PHILADELPHIA PA 19103
Susan T Lokey	other: See Explanation of Responses	P.O. BOX 386, KENNESAW GA 30156
Steven F. Urvan	director, 10 percent owner	7999 N. FEDERAL HWY, #421, BOCA RATON FL 33487
Jessica M Lockett	director	14 ORCHARD, SUITE 200, LAKE FOREST CA 92630
Richard Reed Childress	director	PO BOX 1189, WELCOME NC 27374
Jagemann Stamping Co	10 percent owner	5757 W. CUSTER STREET, MANITOWOC WI 54220
Robert D Wiley	officer: CFO	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Christopher S Besing	director	4707 EAST BASELINE ROAD, PHOENIX AZ 85040
Randy E. Luth	director	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85021
Wallace Russell William Jr	director	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260
Steve Edward Hilko	officer: Chief Operating Officer	7681 EAST GRAY ROAD, SCOTTSDALE AZ 85260