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Author: Admin | 2025-04-28
Higher quality than others in the same industry, Alpha Metallurgical Resources, Inc. could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy. Alpha Metallurgical Resources, Inc. and Eldorado Gold Corporation’s Momentum Grades Company Ticker Momentum Alpha Metallurgical Resources, Inc. AMR F Eldorado Gold Corporation EGO B Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks. Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%. Alpha Metallurgical Resources, Inc. has a Momentum Score of 7, which is Very Weak. Eldorado Gold Corporation has a Momentum Score of 73, which is Strong. The Momentum Grade Winner: Eldorado Gold Corporation As you can clearly see from the Momentum Grade breakdown above, Eldorado Gold Corporation is considered to have stronger momentum compared to Alpha Metallurgical Resources, Inc.. For those specifically looking for companies that have stronger momentum compared to other
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