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FreightCar America (FreightCar America) Momentum Rank : 10 (As of Apr. 30, 2024)


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What is FreightCar America Momentum Rank?

FreightCar America has the Momentum Rank of 10.

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 FreightCar America's Momentum Rank

For the Railroads subindustry, FreightCar America'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.


FreightCar America's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FreightCar America's Momentum Rank distribution charts can be found below:

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



FreightCar America Momentum Rank Related Terms

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


FreightCar America (FreightCar America) Business Description

Traded in Other Exchanges
Address
125 S. Wacker Drive, Suite 1500, Chicago, IL, USA, 60606
FreightCar America Inc is a diversified manufacturer of railcars and railcar components in North America. The company design and manufacture a broad variety of freight cars including covered hoppers, open-top hoppers, gondolas, intermodal, and non-intermodal flat cars that transport numerous types of dry bulk and containerized freight products. Its Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing, and major railcar rebuilds and generates revenue from the same.
Executives
Benavides Alejandro Gil 10 percent owner BARRANQUILLA 404 COLONIA GRADALUPE, MONCLOVA N9 25750
Nicholas J Randall officer: Chief Operating Officer 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
De Nigris Felan Jose director 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
James R Meyer director, officer: President and CEO TWO NORTH RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
W Matthew Tonn officer: Chief Commercial Officer 2 N RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
Fuentes Sierra Juan Carlos officer: Corporate Controller & CAO 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Celia Perez officer: GC and Corp Secretary 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Travis D Kelly director 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Michael Anthony Riordan officer: Corporate Controller and CAO 125 SOUTH WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Rodger L Boehm director 165 WESTVIEW ROAD, WINNETKA IL 60093
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Terence R Rogers officer: Vice Pres, CFO and Treasurer RYERSON INC, 2621 W. 15TH PLACE, CHICAGO IL 60608
Gil Benavides Jesus Salvador director 125 S. WACKER DRIVE, SUITE 1500, C/O FREIGHTCAR AMERICA, INC., CHICAGO IL 60606
Fabricaciones Y Servicios De Mexico, S.a. De C.v. 10 percent owner CARRETARA 57 KM 178, CASTANOS O5 25870
Elizabeth K Arnold director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112