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Polaris (Polaris) Momentum Rank : 7 (As of Apr. 30, 2024)


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What is Polaris Momentum Rank?

Polaris 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 Polaris's Momentum Rank

For the Recreational Vehicles subindustry, Polaris'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.


Polaris's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's Momentum Rank distribution charts can be found below:

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



Polaris Momentum Rank Related Terms

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


Polaris (Polaris) Business Description

Traded in Other Exchanges
Address
2100 Highway 55, Medina, MN, USA, 55340
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America at the end of 2022.
Executives
Robert Paul Mack officer: CFO, EVP-Corp Dev Pres-GAM 2100 HIGHWAY 55, MEDINA MN 55340
Kevin M Farr director MATTEL, INC., 333 CONTINENTAL BLVD, M1-1518, EL SEGUNDO CA 90245
Stephen L. Eastman officer: President - PG&A 2100 HIGHWAY 55, MEDINA MN 55340
Michael T Speetzen officer: CEO XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Michael D. Dougherty officer: President-Motorcycles & Int'l 2100 HIGHWAY 55, MEDINA MN 55340
Dougherty Lucy Clark officer: SVP-Gen Counsel & Secretary 2100 HIGHWAY 55, MEDINA MN 55340
James P Williams officer: SVP-CHRO 600 TRAVIS, SUITE 5800, HOUSTON TX 77002
Benjamin D Duke officer: President-Marine 2100 HIGHWAY 55, MEDINA MN 55340
Kenneth Pucel officer: EVP, Global Ops & CTO 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Steven Menneto officer: President-ORV 2100 HIGHWAY 55, MEDINA MN 55340
Jacob Vogel officer: President-Boats 2100 HIGHWAY 55, MEDINA MN 55340
Darryl R. Jackson director 2100 HIGHWAY 55, MEDINA MN 55340
Scott W. Wine officer: Chief Executive Officer 2100 HIGHWAY 55, MEDINA MN 55340
Christopher Musso officer: President-ORV 2100 HIGHWAY 55, MEDINA MN 55340
Annette K Clayton director 11384 BAYBERRY DRIVE, ROMEO MI 48065