Momentum Quality Score of past Month

The technical name for this is the Calmar Ratio, which measures return divided by maximum drawdown.

Drawdown refers to the fall in percentage terms from the highest price during a period.

We are calling it Momentum Quality Score (MQS). The Momentum Score tells you how fast a stock is rising. The Momentum Quality Score tells you how it got there. A high MQS means a smooth, steady climb, while a low score indicates a wild, gut-wrenching ride.