GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rocky Mountain Industrials Inc (OTCPK:RMRI) » Definitions » Momentum Rank

Rocky Mountain Industrials (Rocky Mountain Industrials) Momentum Rank : 0 (As of Jun. 06, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Rocky Mountain Industrials Momentum Rank?

Rocky Mountain Industrials 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.


Rocky Mountain Industrials Momentum Rank Related Terms

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


Rocky Mountain Industrials (Rocky Mountain Industrials) Business Description

Traded in Other Exchanges
N/A
Address
6200 South Syracuse Way, Suite 450, Greenwood Village, CO, USA, 80111
Rocky Mountain Industrials Inc is an exploration stage company dedicated to operating industrial assets in the United States including minerals, materials, and services. The company's operating segment includes Aggregates and Rail Park. It generates maximum revenue from the Aggregates segment. The Aggregates segment produces chemical grade lime for use in the aggregates market. Its Rail Park segment consists of land under development to provide a rail terminal and services facility.
Executives
Michael Okada officer: Chief Financial Officer 300 N. CONTINENTAL BLVD. #100, EL SEGUNDO CA 90245
Chad T. Brownstein director, 10 percent owner, officer: Chief Executive Officer 555 SOUTH BARRINGTON AVENUE, #216, LOS ANGELES CA 90049
Rocky Mountain Resource Holdings Inc. 10 percent owner 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
Gregory M. Dangler director, 10 percent owner, officer: President, CFO & Secretary 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
Principio Management Llc 10 percent owner 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
77727111, Llc 10 percent owner 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
Munitz Family Trust 10 percent owner 507 EUCLID STREET SANTA MONICA CA 90402
Andrew Peltz director 9595 WILSHIRE BLVD., SUITE 310 BEVERLY HILLS CA 90212
Legado Del Rey, Llc 10 percent owner 121 SOUTH BEVERLY DRIVE BEVERLY HILLS CA 90212
Edward Czuker 10 percent owner 121 SOUTH BEVERLY DRIVE BEVERLY HILLS CA 90212

Rocky Mountain Industrials (Rocky Mountain Industrials) Headlines

No Headlines