Pacific Green Technologies (Pacific Green Technologies) Momentum Rank : 7 (As of May. 03, 2024)

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What is Pacific Green Technologies Momentum Rank?

Pacific Green Technologies has the Momentum Rank of 7.

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.

Competitive Comparison of Pacific Green Technologies's Momentum Rank

For the Pollution & Treatment Controls subindustry, Pacific Green Technologies's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pacific Green Technologies's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pacific Green Technologies's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Pacific Green Technologies's Momentum Rank falls into.

Pacific Green Technologies Momentum Rank Related Terms

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Pacific Green Technologies (Pacific Green Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pacific Green Technologies Inc (OTCPK:PGTK) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 The Green, Suite 10212, Dover, DE, USA, 19901

Website

https://www.pacificgreen-group.com

Pacific Green Technologies Inc is engaged in developing emission control systems technology. The company design, manufactures, and implements flue gas emission control systems throughout the world. It offers a product such as ENVI-Marine for the marine industry, ENVI-Pure for the waste-to-energy and biomass industries, and ENVI-Clean is designed for coal-fired power electricity generation and industrial plants involved in steel generation. Geographically, it has a presence in North America, Asia, and Europe of which it derives a majority of its revenue from the Europe region.

Executives

Fresh Air Investments (canada) Ltd.	10 percent owner	409-221 W. ESPLANADE, NORTH VANCOUVER A1 V7M 3J3
Twynam Investments Proprietary Ltd	10 percent owner, other: Chief Financial Officer	226 LIVERPOOL STREET, DARLINGHURST, SYDNEY C3 2010
Richard Fraser-smith	officer: Chief Financial Officer	7 NIGHTINGALE ROAD, HAMPTON, MIDDLESEX X0 TW12 3HU
Pacific Green Group Ltd	10 percent owner	BISON COURT, ROAD TOWN, TORTOLA D8 0000
Alexander Shead	director	10/50 BERRY STREET, NORTH SYDNEY NSW C3 0000
Chris Williams	director	335A THORPE ROAD, PETERBOROUGH CAMBS X0 PE3 6LU
Andrew Jolly	director	SOPHIA HOUSE, 28 CATHEDRAL ROAD, CARDIFF X0 CF911 9LJ
Neil Carmichael	director	5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129
Jordan Starkman	director, officer: President/Secretary/Treasurer	5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129