Granite Falls Energy LLC (Granite Falls Energy LLC) Momentum Rank : 9 (As of Jun. 12, 2024)

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What is Granite Falls Energy LLC Momentum Rank?

Granite Falls Energy LLC has the Momentum Rank of 9.

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 Granite Falls Energy LLC's Momentum Rank

For the Oil & Gas Refining & Marketing subindustry, Granite Falls Energy LLC'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.

Granite Falls Energy LLC's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Granite Falls Energy LLC's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Granite Falls Energy LLC's Momentum Rank falls into.

Granite Falls Energy LLC Momentum Rank Related Terms

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Granite Falls Energy LLC (Granite Falls Energy LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Granite Falls Energy LLC (OTCPK:GFGY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

15045 Highway 23 SE, P.O. Box 216, Granite Falls, MN, USA, 56241

Website

http://www.granitefallsenergy.com

Granite Falls Energy LLC is engaged in the production and sale of ethanol and its co-products, including wet, modified wet and dried distillers' grains, corn oil and corn syrup. The company's principal products include Ethanol, Distillers Grains, and Corn Oil. Its production operations are carried out at a plant located in Granite Falls, Minnesota and Heron Lake Bioenergy ethanol plant near Heron Lake, Minnesota. It also operates a natural gas pipeline. Geographically business activity of the group is functioned primarily through the United States and generates income from the sale of Ethanol products.

Executives

David A Forkrud	director	314 HIBBARD AVE, PO BOX 235, BELVIEW MN 56214
Fagen Holdings, Inc.	10 percent owner	501 W HIGHWAY 212, GRANITE FALLS MN 56241
Robin William Spaude	director	15045 HWY 23 SE, PO BOX 216, GRANITE FALLS MN 56241
Sherry Jean Larson	director	15045 HWY 23 SE, GRANITE FALLS MN 56251
Michael Gerald Lund	director	15045 HWY 23 SE, GRANITE FALLS MN 56241
Bruce G Lavigne	director	15045 HWY 23 SE, GRANITE FALLS MN 56241
Kenton Johnson	director	5347 270TH AVENUE, GRANITE FALLS MN 56241
Leslie Kenneth Bergquist	director	141 SKYLINE DRIVE, GRANITE FALLS MN 56241
Steve A Christensen	officer: CEO	15045 HIGHWAY 23 SE, PO BOX 216, GRANITE FALLS MN 56241
Marten Gerald Goulet	director	3131 COUNTY ROAD 112, INTERNATIONAL FALLS MN 56649
Kenneth Lee Berg	director, officer: Vice Chairman	2257 410TH STREET, CLARKFIELD MN 56223
Dennis Clifford Wagner	director	3581 TOWN ROAD 45, SOUTH INTERNATIONAL FALLS MN 56679
Dean Jerome Buesing	director	5027 HWY 67, GRANITE FALLS MN 56241
Roland J Fagen	10 percent owner	501 WEST HIGHWAY 212, P.O. BOX 159, GRANITE FALLS MN 56241
Glacial Lakes Energy, Llc	10 percent owner	301 20TH AVE. SE, P.O. BOX 933, WATERTOWN SD 57201-5922

Granite Falls Energy LLC (Granite Falls Energy LLC) Headlines

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