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Pacific Ventures Group (Pacific Ventures Group) Momentum Rank : 0 (As of Jun. 08, 2024)


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What is Pacific Ventures Group Momentum Rank?

Pacific Ventures Group 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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Pacific Ventures Group (Pacific Ventures Group) Business Description

Traded in Other Exchanges
N/A
Address
117 West 9th Street, Suite 316, Los Angeles, CA, USA, 90015
Pacific Ventures Group Inc is focused on expansion within the consumer products, food, beverage, and alcohol-related industries. Its customers range from a wide variety of restaurants, including many well-known in Southern CA, to institutions, schools, and re-distributors such as U.S. Foods and Sysco as well as to local distributors. It supplies wholesale food and restaurant supplies to San Diego, Los Angeles, Orange, and Riverside and offers same-day service. In addition, it has clients in Arizona and Colorado that come to its facility to pick up their orders.
Executives
Shannon Masjedi director, 10 percent owner, officer: PRESIDENT, COO, AND SECRETARY 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Marc Shenkman director, officer: EXECUTIVE VICE PRESIDENT 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Robert Emmitt Smith director, officer: CHAIRMAN OF THE BOARD & CEO 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Kent R. Sumner 10 percent owner 1248 BATEMAN PONDS WAY, WEST JORDAN UT 84084
Marion Philip Guthrie 10 percent owner THREE LINCOLN CENTRE, 5430 LBJ FWY., SUITE 1480, DALLAS TX 75240
Kip Eardley director, 10 percent owner, officer: President & Secretary P.O. BOX 901658, SANDY UT 84090

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