GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Earth Science Tech Inc (OTCPK:ETST) » Definitions » Momentum Rank

Earth Science Tech (Earth Science Tech) Momentum Rank : 9 (As of May. 23, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Earth Science Tech Momentum Rank?

Earth Science Tech has the Momentum Rank of 9.

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.


Competitive Comparison of Earth Science Tech's Momentum Rank

For the Drug Manufacturers - Specialty & Generic subindustry, Earth Science Tech's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Earth Science Tech's Momentum Rank Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Earth Science Tech's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Earth Science Tech's Momentum Rank falls into.



Earth Science Tech Momentum Rank Related Terms

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


Earth Science Tech (Earth Science Tech) Business Description

Traded in Other Exchanges
N/A
Address
8950 SW 74th CT, Suite 101, Miami, FL, USA, 33156
Earth Science Tech Inc is a diversified holding company. Currently, the company is focused on emerging prospects in the health and wellness industry.
Executives
Giorgio R. Saumat director 449 ESPLANADE DR, MIAMI SPRINGS FL 33166
Majorca Group, Ltd. 10 percent owner 1621 CENTRAL AVE, CHEYENNE WY 90501
David Barbash officer: Chief Sales Officer 109 SWIFT CREEK CROSSING, DURHAM NC 27713
Nickolas Salomon Tabraue director, officer: President & Chairman 4100 SALZEDO STREET, UNIT 420, CORAL GABLES FL 33146
Wendell Hecker officer: CFO 2606 NW 104 TH AVE #410, SUNRISE FL 33322
Gregg Gagan Hunter director, officer: COO & Director 774 86TH STREET, MIAMI FL 33138
Michel Aube officer: CEO & CSO 8837,RUE DE CHAMP D'EAU, MONTR?AL A8 HIP 3A6
Matthew Cohen officer: CEO & CFO 1702 COSTA DEL SOL, BOCA RATON FL 33432
Thomas H Wright director, officer: Chief Operating Officer 1600 SOUTH DIXIE HWY., SUITE 300, BOCA RATON FL 33432
Harvey Katz officer: CEO 2255 GLADES ROAD, #324A, BOCA RATON FL 33431
Issa El-cheikh director, officer: President 40 EAST MAIN STREET #998, NEWARK DE 19711
Great Lakes Holdings Group, Llc 10 percent owner 3825 HUNTINGTON AVENUE, WINDSOR A6 N9E3N4

Earth Science Tech (Earth Science Tech) Headlines

From GuruFocus

Earth Science Tech, Inc. (ETST) Announces 2022 Achievements

By Stock market mentor Stock market mentor 01-10-2023