GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cavitation Technologies Inc (OTCPK:CVAT) » Definitions » Momentum Rank

Cavitation Technologies (Cavitation Technologies) Momentum Rank : 0 (As of May. 28, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Cavitation Technologies Momentum Rank?

Cavitation 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.


Cavitation Technologies Momentum Rank Related Terms

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


Cavitation Technologies (Cavitation Technologies) Business Description

Traded in Other Exchanges
N/A
Address
10019 Canoga Avenue, Chatsworth, CA, USA, 91311
Cavitation Technologies Inc develops, patents, and commercializes the proprietary technology for large-scale liquid processing applications. The firm has commercialized its proprietary technology for refining vegetable oils by providing domestic and foreign refining facilities with a firm's Nano Neutralization technology and cavitation systems comprising the Nano Reactor. Its technologies can be applied to several other fluid-processing industries that will benefit from increased yields, lowered processing costs, and improved quality. It has filed patent applications related to edible oil refining, renewable fuel production, both alcoholic and non-alcoholic beverage processing and enhancement, and petroleum upgrading. Its component comprises of Nano Reactor and LPN.
Executives
Naum Voloshin officer: Chief Financial Officer 10019 CANOGA AVENUE, CHATSWORTH CA 91311
Roman Gordon director, 10 percent owner, officer: CEO, Secretary 10019 CANOGA AVENUE, CHATSWORTH CA 91311
Todd Zelek director, officer: CEO 730 SOUTH SAN RAFAEL AVENUE, PASADENA CA 91105
James W Fuller director C/O BAYTREE CAPITAL ASSOCIATES LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
Igor Gorodnitsky director, 10 percent owner, officer: President 10019 CANOGA AVENUE, CHATSWORTH CA 91311
R L Hartshorn director, 10 percent owner, officer: CFO 10019 CANOGA AVENUE, CHATSWORTH CA 91311
Jose Antonio Castro director, 10 percent owner, officer: CEO & CFO 3702 SOUTH VIRGINIA STREET, #G12-401, RENO NV 89502
Zhang Haiming director, 10 percent owner, officer: Chief Technology Officer 3702 SOUTH VIRGINIA STREET, #G12-401, RENO NV 89502

Cavitation Technologies (Cavitation Technologies) Headlines

From GuruFocus