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OAT (OATN) Momentum Rank : 0 (As of May. 20, 2024)


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What is OAT Momentum Rank?

OAT 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.


OAT Momentum Rank Related Terms

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OAT (OATN) Business Description

Traded in Other Exchanges
N/A
Address
12106 Park Street, Cerritos, CA, USA, 90703
OAT Inc is engaged in the Air Conditioning, Heating, and Ventilation construction business. The Company's clientele is government sectors, military units, Air Force Base, and Marine Corps Base etc. It builds HVAC system package to control the usage time and temperature in each room using a computer utilizing the Direct Digital Control Program. The HVAC system is composed of Chiller, Cooling Tower, Chilled and Hot Water Pump, Hydronic Piping System, Custom Air Handler and VAV Box.
Executives
Eliot York director 32 BRACKENWOOD AVENUE, RICHMOND HILL A6 L4S 2P5
William B Kerr director 233 ROBINSON STREET, OAKVILLE A6 LGJ 425
Michel Emile Ghostine director C/O 277 LAKESHORE ROAD EAST, OAKVILLE A6 L6J 1H9
Carolyne Sing director, 10 percent owner, officer: CFO, Treasurer, Secretary 7839 - 17TH AVE, BURNABY A1 V3N 1M1
John H Gillespie officer: CEO & President C/O SILLENGER EXPLORATION CORP., 7837-17TH AVENUE, BURNABY A1 V3N 1M1

OAT (OATN) Headlines

From GuruFocus

O.A.T,Inc. Is Pleased to Announce New Project

By ACCESSWIRE ACCESSWIRE 12-14-2021

OAT INC Is Invited to the 129M PROJECT BID

By ACCESSWIRE ACCESSWIRE 03-09-2021

O.A.T,Inc. Is Pleased to Announce Two New Projects

By ACCESSWIRE ACCESSWIRE 11-15-2021

The Fresh Start for O.A.T.

By ACCESSWIRE ACCESSWIRE 12-02-2020