GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CAM Group Inc (OTCPK:CAMG) » Definitions » Momentum Rank

CAM Group (CAM Group) Momentum Rank : 0 (As of May. 26, 2024)


View and export this data going back to 2006. Start your Free Trial

What is CAM Group Momentum Rank?

CAM Group 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.

CAM Group Momentum Rank Related Terms

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

CAM Group (CAM Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CAM Group Inc (OTCPK:CAMG) » Definitions » Momentum Rank
Comparable Companies
TSXV:PPK WAR:EVE WAR:WIS BOM:535730 BOM:536965 BOM:532164 TSX:XMF.A WAR:VCP TSXV:RII.H BOM:538351 WAR:FMG TSXV:PCL.P XCNQ:LLL TSXV:AFC.P ASX:GBA WAR:UTD BOM:505585 BOM:531515 BOM:531033 WAR:BLU
Traded in Other Exchanges
N/A
Address
5900 Balcones Drive, Suite 100, Austin, TX, USA, 78731
Website
https://www.camgdefense.com
CAM Group Inc serves military defense, government, and commercial customers around the world with the ability to rapidly mitigate threats faster than ever before, supporting national security, finance, and technology. The company is specialized in Unmanned Systems, Counter-UAS-Robotics; Critical Infrastructure Key Resources (CIKR) Protection, Cybersecurity; Intelligence, Surveillance, Reconnaissance (ISR) Data Analytics.
Executives
Michelle Turpin other: Former 10% shareholder 4764 SOUTH 900 EAST, SUITE 3, SALT LAKE CITY UT 84117

CAM Group (CAM Group) Headlines

No Headlines