Hammer Technology Holdings (Hammer Technology Holdings) Momentum Rank : 7 (As of May. 11, 2024)

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What is Hammer Technology Holdings Momentum Rank?

Hammer Technology Holdings 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 Hammer Technology Holdings's Momentum Rank

For the Telecom Services subindustry, Hammer Technology Holdings'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.

Hammer Technology Holdings's Momentum Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hammer Technology Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Hammer Technology Holdings's Momentum Rank falls into.

Hammer Technology Holdings Momentum Rank Related Terms

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Hammer Technology Holdings (Hammer Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hammer Technology Holdings (OTCPK:HMMR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

6151 Lake Osprey Drive, Sarasota, FL, USA, 34240

Website

https://hmmrgroup.com

Hammer Technology Holdings is a telecommunications company. It set out to deploy the first high-speed wireless broadband in the USA that could deliver data speeds comparable to Fiber Optic solutions. It has expanded its broadband services to include the continent of Africa and is actively pursuing partnership relations with wireless operators that could expand the reach of the company's wireless assets. Its products and services include Financial Services such as Digital Payments Systems Telecommunications and Data Services such as Wireless & Over the Top Services such as voice, messaging, video and hosting.

Executives

Mark Stogdill	director	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Erik B Levitt	director, officer: CEO & President	C/O HAMMER FIBER OPTICS HOLDINGS CORP., 401 EAST 34TH STREET, SUITE #N27J, NEW YORK NY 10016
Michael Cothill	director, officer: Pres, CEO, CFO, Secy, Treas	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Helen E. Stogdill	10 percent owner	3722 RIVER RD., POINT PLEASANT BORO NJ 08742
Michael Leonard Adamcik,	officer: Corporate Secretary	311 BROADWAY, PT. PLEASANT BEACH NJ 08742
Dennis W Doll	director	1500 RONSON ROAD, ISELIN NJ 08830
Don Macneil	director	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Michael Sevell	director, 10 percent owner	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
James Pomposello	officer: Secretary	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Bruce Farmer	director	C/O RECURSOS MONTANA, S.A., 1ST STREET, #3, CERROS DEL ATLANTICO, PUERTO PLATA G8 006234