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Bitech Technologies (Bitech Technologies) Momentum Rank : 0 (As of May. 16, 2024)


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What is Bitech Technologies Momentum Rank?

Bitech 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.


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Bitech Technologies (Bitech Technologies) Business Description

Traded in Other Exchanges
N/A
Address
895 Dove Street, Suite 300, Newport Beach, CA, USA, 92660
Bitech Technologies Corp is a technology solution provider dedicated to providing a suite of green energy solutions with a focus on cryptocurrency mining, data centers, commercial and residential utility, electric vehicle, and other renewable energy initiatives.
Executives
Gregory Daniel Trimarche director 535 ANTON BLVD,, SUITE 1000, COSTA MESA CA 92626
Benjamin B Tran director, 10 percent owner, officer: Chief Executive Officer 49 MONTEREY PINE DR., NEWPORT COAST CA 92657
Michael Hanh Cao director, 10 percent owner 7208 WEST SAND LAKE RD,, SUITE 305, ORLANDO FL 32819
Calvin Cao 10 percent owner 2203 N LOIS AVENUE 9TH FL, TAMPA FL 33607
Robert J Brilon officer: Chief Financial Officer 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
William Donovan director, 10 percent owner, officer: CEO 903 CREEKWOOD WAY, HOUSTON TX 77024
Jeffrey A Cronk director 5225 KATY FREEWAY, SUITE 600, HOUSTON TX 77007
Lpd Investments, Ltd 10 percent owner 25025 I45 NORTH, THE WOODLANDS TX 77380
Peter L Dalrymple director, 10 percent owner 13451 BELHAVEN DRIVE, HOUSTON TX 77069
John R Bergeron director 7411 SONGWIND, SPING TX 77379
William A Lawrence director 6 RILLWOOD PLACE, THE WOODLANDS TX 77382
Eric K Groteke officer: CTO 2495 ENTERPRISE ROAD, SUITE 104, CLEARWATER FL 33763
Jerry W. Bratton director P.O. BOX 541716, DALLAS TX 75354
Franklin Arthur Rose director 1121-16 UPTOWN PARK BLVD, HOUSTON TX 77056
John A. Talamas other: Former COO 54 HILLOCK WOODS DRIVE, THE WOODLANDS TX 77380

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