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Regency Silver (TSXV:RSMX) Momentum Rank : 0 (As of Jun. 07, 2024)


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What is Regency Silver Momentum Rank?

Regency Silver 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.

Regency Silver Momentum Rank Related Terms

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Regency Silver (TSXV:RSMX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regency Silver Corp (TSXV:RSMX) » Definitions » Momentum Rank
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Traded in Other Exchanges
RSMXF:USA ZJ9:Germany
Address
570 Granville Street, Suite 1100, Vancouver, BC, CAN, V6C 3P1
Website
https://www.regency-silver.com
Regency Silver Corp is engaged in the identification, evaluation, acquisition and exploration of mineral properties in Mexico and Peru. It has one reportable operating segment which is the exploration and evaluation of exploration and evaluation assets.

Regency Silver (TSXV:RSMX) Headlines

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