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Mass Megawatts Wind Power (Mass Megawatts Wind Power) Momentum Rank : 0 (As of Jun. 05, 2024)


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What is Mass Megawatts Wind Power Momentum Rank?

Mass Megawatts Wind Power 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.

Mass Megawatts Wind Power Momentum Rank Related Terms

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Mass Megawatts Wind Power (Mass Megawatts Wind Power) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mass Megawatts Wind Power Inc (OTCPK:MMMW) » Definitions » Momentum Rank
Comparable Companies
CPWR ETRXF VENG GSFI ADHI ISX:BREN CEG WBO:VER XPRA:CEZ OCSE:ORSTED SHSE:600905 SHSE:600025 SZSE:001289 BOM:541450 XLIS:EDPR BSP:ELET3 BKK:GULF SHSE:600886 TSE:9503 OHEL:FORTUM
Traded in Other Exchanges
N/A
Address
100 Boston Turnpike, Suite J9B No. 290, Shrewsbury, MA, USA, 01545
Website
https://www.massmegawatts.com
Mass Megawatts Wind Power Inc operates in the development of low-cost, clean energy systems to meet the increasing global demand for energy through the use of environmentally-friendly technologies. The business activity of the group primarily includes producing wind turbines and selling wind-generated electricity. The company's products include MultiAxis Turbosystem and Solar Tracking System. The activities functioned throughout the region of the United States.
Executives
Jonathan Ricker director, 10 percent owner, officer: Chairman and CEO P.O. BOX 60398, WORCESTER MD 01606
Richard Barcia officer: Chief Operating Officer 2663 E 90TH PLACE, DENVER CO 80229
Thomas F Weisz 10 percent owner 20201 E. COUNTRY CLUB DRIVE, APT. 707, AVENTURA FL 33180