Diego Pellicer Worldwide (Diego Pellicer Worldwide) Momentum Rank : 0 (As of May. 24, 2024)

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What is Diego Pellicer Worldwide Momentum Rank?

Diego Pellicer Worldwide 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.

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Diego Pellicer Worldwide (Diego Pellicer Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Diego Pellicer Worldwide Inc (OTCPK:DPWW) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

6160 Plumas Street, Suite 100, Reni, NV, USA, 89519

Website

https://www.diego-pellicer.com

Diego Pellicer Worldwide Inc is a real estate and consumer retail development company. Principally, it is focused on acquiring and developing real estate properties for the purpose of leasing to licensed marijuana operators in the United States. The company provides space for growing, processing, recreational and medical retail sales space and related facilities to licensed marijuana growers, processors, dispensary and recreational store operators. Additionally, it also offers wholesale distribution of branded non-marijuana clothing and accessories.

Executives

Christopher Strachan	officer: Chief Financial Officer	9030 SEWARD PARK AVE, S #501, SEATTLE WA 98118
Nello Iii Gonfiantini	officer: Vice President - Real Estate	6160 PLUMAS ST, SUITE 100, RENO NV 89519
Alan David Valdes	director	C/O CHANCELLOR CONSULTANTS, 14 WALL ST 30TH FL, NEW YORK NY 10005
Stephen L Norris	director	1701 SOUTH FLAGLER DRIVE 1807, WEST PALM BEACH FL 33401
David Michael Thompson	officer: Vice President - Finance	300,400 - 5TH AVENUE SW, CALGARY A0 T2P 0L6
Ronald Throgmartin	director, officer: PRESIDENT& CEO	3685 THOMPSON MILL RD, BUFORD GA 30519