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Gold Rock Holdings (Gold Rock Holdings) Momentum Rank : 0 (As of Jun. 05, 2024)


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What is Gold Rock Holdings Momentum Rank?

Gold Rock Holdings 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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Gold Rock Holdings (Gold Rock Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gold Rock Holdings Inc (OTCPK:GRHI) » Definitions » Momentum Rank
Comparable Companies
WLGS ENG RELT AGFY SODE DLOC WLMSQ CIPI XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 HKSE:01800 XPAR:EN SHSE:601186 ACM
Traded in Other Exchanges
N/A
Address
2020 General Booth Boulevard, Suite 230, Virginia Beach, VA, USA, 23454
Website
https://www.goldrockholdings.us
Gold Rock Holdings Inc. provides engineering and construction management services, produce site-plans, construction drawings, cost computations, fiber network designs, and other related construction services.
Executives
Marcus Daley director, 10 percent owner, officer: CEO 2214 TEMPLE VIEW DRIVE, PROVO UT 84604
Richard Kaiser Kaiser director, officer: CFO, Secretary 3419 VIRGINIA BEACH BLVD, UNIT 252, VIRGINIA BEACH VA 23452
Merle Ferguson director, 10 percent owner, officer: CEO/CFO/Secretary/Treasurer 2020 GENERAL BOOTH BLVD., SUITE 230, VIRGINIA BEACH VA 23454

Gold Rock Holdings (Gold Rock Holdings) Headlines

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