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GiveMePower (GiveMePower) Momentum Rank : 0 (As of Jun. 06, 2024)


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What is GiveMePower Momentum Rank?

GiveMePower 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.

GiveMePower Momentum Rank Related Terms

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GiveMePower (GiveMePower) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GiveMePower Corp (OTCPK:GMPW) » Definitions » Momentum Rank
Comparable Companies
AOXY JAMN UK ACAN ALBT FLJ CSGP CBRE XMAD:CLNX XTER:VNA BEKE TSE:8830 ADX:QHOLDING OSTO:AKEL D HKSE:01972 MIL:INW SGX:9CI HKSE:01997 JLL OSTO:SAGA A
Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Website
https://www.givemepower.com
GiveMePower Corp operates and manages a portfolio of real estate and financial services assets and operations to empower black persons in the United States through financial tools and resources. The company is focused on creating and empowering local black businesses in urban America and creating real estate properties and businesses in opportunity zones and other distressed neighborhoods across America. It generates revenue from sales of real estate investment property, entrepreneurship development initiatives, and principal transactions in proprietary trading operations.
Executives
Givemepower Corp director, officer: Director of Accounting #204, 16 MIDLAKE BLVD. SE, CALGARY A0 T2X 2X7

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