Mosaic Minerals (XCNQ:MOC) Momentum Rank : 0 (As of Jun. 10, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Mosaic Minerals Momentum Rank?

Mosaic Minerals 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.

Mosaic Minerals Momentum Rank Related Terms

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

Mosaic Minerals (XCNQ:MOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mosaic Minerals Corp (XCNQ:MOC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

410 St-Nicolas, Suite 236, Montreal, QC, CAN, H2Y2P5

Website

https://www.mosaicminerals.ca

Mosaic Minerals Corp specializes in the exploration of gold and lithium mining sites located in the province of Quebec, Canada. It has focused on the research, exploration, and development of base metal projects focusing on copper and nickel. The company's project portfolio includes Lithium projects, Gaboury, Lichen, and 113 North.

Executives

Maurice Giroux

10% Security Holder, Director, Senior Officer