GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Triton Emission Solutions Inc (OTCPK:DSOX) » Definitions » Momentum Rank

Triton Emission Solutions (Triton Emission Solutions) Momentum Rank : 0 (As of May. 07, 2024)


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

What is Triton Emission Solutions Momentum Rank?

Triton Emission Solutions 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.


Triton Emission Solutions Momentum Rank Related Terms

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


Triton Emission Solutions (Triton Emission Solutions) Business Description

Traded in Other Exchanges
N/A
Address
c/o 1130 West Pender Street, Unit 820, Vancouver, BC, CAN, V6E 4A4
Triton Emission Solutions Inc is engaged in the development and marketing of emission abatement technologies for the marine industry to remove sulfur from marine fuel. Its products and technologies include Njord Exhaust Gas Scrubber System, DSOX Pre-Combustion Fuel Purification Systems, and Bio Scrubber. Its Njord Exhaust Gas Scrubber System is used to clean the exhaust gases from excess sulfur following the internal combustion process within ships engine. Its DSOX Pre-Combustion Fuel Purification Systems is a pre-combustion de-sulfurization technology, which is designed to remove alkali metals, such as sulfur and sodium, from heavy marine fuel. Geographically, the activities are carried out through the region of United States.
Executives
Robert C. Kopple director, 10 percent owner 10866 WILSHIRE BLVD., SUITE 1500, LOS ANGELES CA 90024
Richard Jeffs 10 percent owner FLAT 7, 6 ENNISMORE GARDENS, LONDON X0 SW7 1NL
Joao Dacosta director, officer: CEO, President, CFO #810 - 789 WEST PENDER STREET, VANCOUVER A1 V6C 1H2

Triton Emission Solutions (Triton Emission Solutions) Headlines

No Headlines