GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Leafbuyer Technologies Inc (OTCPK:LBUY) » Definitions » Momentum Rank

Leafbuyer Technologies (Leafbuyer Technologies) Momentum Rank : 0 (As of Jun. 08, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Leafbuyer Technologies Momentum Rank?

Leafbuyer Technologies 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.


Leafbuyer Technologies Momentum Rank Related Terms

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


Leafbuyer Technologies (Leafbuyer Technologies) Business Description

Traded in Other Exchanges
N/A
Address
6888 South Clinton Street, Suite 301, Greenwood Village, CO, USA, 80112
Leafbuyer Technologies Inc operates an online portal for cannabis deals and specials. The company primarily serves legal cannabis dispensaries and companies who create cannabis-related products. It markets THC, CBD, CBG, Concentrates, and Edibles Products.
Executives
Jeffrey D Rudolph director PO BOX 202319, DENVER CO 80220
Kristin Lea Baca director 16871 E CALEY PL, AURORA CO 80016
Kurt Rossner director, 10 percent owner, officer: Chief Operating Officer 6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Mark Breen director, 10 percent owner, officer: Chief Operating Officer 6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Michael Goerner director, 10 percent owner, officer: Chief Operating Officer 6888 S. CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112