Blende Silver (TSXV:BAG) Momentum Rank : 0 (As of Oct. 09, 2024)

View and export this data going back to 2011. Start your Free Trial

What is Blende Silver Momentum Rank?

Blende Silver 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.

Blende Silver Momentum Rank Related Terms

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

Blende Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blende Silver Corp (TSXV:BAG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BAGGF:USA BCW1:Germany BCW1:Germany

Address

804 - 750 West Pender Street, Vancouver, BC, CAN, V6C 2T7

Website

https://www.blindcreekresources.com

Blende Silver Corp is an exploration-stage junior mining company. The company is focused on silver-zinc-lead project acquisition, exploration, and development. It holds interests in the Blende Property and AB Property. It has one reportable segment, the acquisition and exploration of mineral properties, all of which occur in Canada.

Executives

James Frances Gerard Callaghan	10% Security Holder
Thomas John Kennedy	Director, Senior Officer
Dale Dobson	Senior Officer

Blende Silver Headlines

No Headlines