GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vanadiumcorp Resource Inc (TSXV:VRB) » Definitions » Momentum Rank

Vanadiumcorp Resource (TSXV:VRB) Momentum Rank

: 0 (As of Today)
View and export this data going back to 1984. Start your Free Trial

Vanadiumcorp Resource 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.

Vanadiumcorp Resource Momentum Rank Related Terms

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

Vanadiumcorp Resource (TSXV:VRB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vanadiumcorp Resource Inc (TSXV:VRB) » Definitions » Momentum Rank
Comparable Companies
XCNQ:GLM TSXV:OC TSXV:CMD XCNQ:RB TSXV:CASA TSXV:HHH TSXV:SAGE XCNQ:EMIN TSXV:SRA XCNQ:CRCL ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 GMEXICOB LSE:AAL MIC:GMKN
Traded in Other Exchanges
VRBFF:USA NWNA:Germany
Address
303-5455 West Boulevard, Vancouver, BC, CAN, V6M 3W5
Website
https://www.vanadiumcorp.com
Vanadiumcorp Resource Inc is engaged in the exploration and development of mineral properties in Canada. It is also involved in the development of vanadium redox flow battery technology in Germany. The company's primary focus is on the Lac Dore and Iron-T Properties in Quebec which is prospective for vanadium, titanium, and iron.

Vanadiumcorp Resource (TSXV:VRB) Headlines

No Headlines