GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Urban Barns Foods Inc (OTCPK:URBF) » Definitions » Momentum Rank

Urban Barns Foods (Urban Barns Foods) Momentum Rank : 0 (As of Jun. 06, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Urban Barns Foods Momentum Rank?

Urban Barns Foods 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.

Urban Barns Foods Momentum Rank Related Terms

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

Urban Barns Foods (Urban Barns Foods) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Urban Barns Foods Inc (OTCPK:URBF) » Definitions » Momentum Rank
Comparable Companies
SKSDF RSSFF NWGFF TURV HMPPF YEWB GLGLF CMCI ABAC NNUTU SHMP SEED EYTH ACMB SIAF CMGHF VFFIF SANW INPCF YNKUF
Traded in Other Exchanges
N/A
Address
13000 Chemin Bélanger, Mirabel, QC, CAN, J7J 2N8
Website
http://www.urbanbarns.net/
Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's strategy is to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. They offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.
Executives
Jeremy Kendall director 17121 MISSISSAUGA RD, BELFOUNTAIN A6 00000

Urban Barns Foods (Urban Barns Foods) Headlines

No Headlines