Edible Garden AG (Edible Garden AG) Momentum Rank : 0 (As of May. 27, 2024)

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What is Edible Garden AG Momentum Rank?

Edible Garden AG 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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Edible Garden AG (Edible Garden AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Edible Garden AG Inc (NAS:EDBL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

283 County Road 519, Belvidere, NJ, USA, 07823

Website

https://www.ediblegarden.com

Edible Garden AG Inc is a next generation controlled environment agriculture farming company. It uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. The company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.

Executives

Pamela Donaroma	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
James E. Kras	director, 10 percent owner, officer: President and CEO	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Deborah Pawlowski	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Michael C James	director, 10 percent owner, officer: Chief Financial Officer	2040 MAIN STREET, SUITE 225, IRVINE CA 92614
Tracy A. Nazzaro	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Ryan L. Rogers	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Mathew J. Mcconnell	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823