GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Orion SA (NYSE:OEC) » Definitions » Momentum Rank

Orion (OEC) Momentum Rank : 7 (As of May. 06, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Orion Momentum Rank?

Orion 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 Orion's Momentum Rank

For the Specialty Chemicals subindustry, Orion'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.


Orion's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orion's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Orion's Momentum Rank falls into.



Orion Momentum Rank Related Terms

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


Orion (OEC) Business Description

Traded in Other Exchanges
Address
1700 City Plaza Drive, Suite 300, Spring, TX, USA, 77389
Orion SA is a supplier of carbon black, a solid form of carbon produced as powder or pellets. The company's operating segments are Specialty Carbon Black and Rubber Carbon Black. It generates maximum revenue from the Rubber Carbon Black segment. Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. The Specialty Carbon Black segment is used as pigments and performance additives in coatings, polymers, printing, and special applications. Geographically, it derives a majority of its revenue from Germany.
Executives
Painter Corning F. director, officer: Chief Executive Officer 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Jeffrey Glajch officer: Chief Financial Officer GRAHAM CORPORATION, 20 FLORENCE AVENUE, BATAVIA NY 14020
Carlos Quinones officer: Sr. VP Global Operations C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Robert G. Hrivnak officer: Chief Accounting Officer C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Sandra Niewiem officer: Sr. VP Global Specialties C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Anthony Lynn Davis director C/O CONVENE, 530 FIFTH AVENUE, SUITE 702, NEW YORK NY 10036
Didier Miraton director C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Hans Dietrich Winkhaus director C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Yi Hyon Paik director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Michel Wurth director C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE, SUITE 106, HOUSTON TX 77345
Pedro Riveros officer: Sr. VP Global Rubber C/O ORION ENGINEERED CARBONS S.A., 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX 77345
Dan F Smith director 1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010
Paul E Huck director 7201 HAMILTON BLVD, ALLENTOWN PA 181951501
Kerry A Galvin director 1221 MCKINNEY ST.,, SUITE 700, HOUSTON TX 77010
Mary A Lindsey director 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039