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CorEnergy Infrastructure Trust (CorEnergy Infrastructure Trust) Momentum Rank : 0 (As of May. 24, 2024)


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What is CorEnergy Infrastructure Trust Momentum Rank?

CorEnergy Infrastructure Trust 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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CorEnergy Infrastructure Trust (CorEnergy Infrastructure Trust) Business Description

Traded in Other Exchanges
Address
1100 Walnut, Suite 3350, Kansas, MO, USA, 64106
CorEnergy Infrastructure Trust Inc is primarily focused on acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. The company also provides other types of capital, including loans secured by energy infrastructure assets. It owns assets, such as pipelines, storage terminals, and transmission and distribution assets. Its assets include Crimson Midstream Holding, MoGas Pipeline System, and Omega Pipeline. The majority of the revenue is generated from the lease received.
Executives
Christopher M. Huffman officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64119
Robert L Waldron officer: President and CFO 1100 WALNUT, SUITE 3350, KANSAS MO 64106
John D Grier director, officer: Chief Operating Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Richard C. Kreul officer: President - Mowood and MoGas 1100 WALNUT STREET, KANSAS CITY MO 64106
Arkan Haile director 1100 WALNUT STREET, KANSAS CITY MO 64106
Catherine A. Lewis director 325 NE NORTHGATE CROSSING, LEE'S SUMMIT MO 64064
Todd E. Banks director 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
David J Schulte officer: President and CEO 233 WEST 47TH ST., KANSAS CITY MO 64112
Larry W Alexander officer: President of Crimson Midstream 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Jeffrey E. Fulmer officer: Executive Vice President 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Rebecca M Sandring officer: Treasurer 4200 W. 115TH STREET, LEAWOOD KS 66211
Kristin M Leitze officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Nate Poundstone officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Richard C Green director 4200 W 115TH STREET, SUITE 210, LEAWOOD KS 66211

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