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Astrotech (Astrotech) Momentum Rank : 2 (As of Apr. 29, 2024)


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What is Astrotech Momentum Rank?

Astrotech has the Momentum Rank of 2.

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 Astrotech's Momentum Rank

For the Aerospace & Defense subindustry, Astrotech'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.

Astrotech's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Astrotech's Momentum Rank distribution charts can be found below:

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


Astrotech Momentum Rank Related Terms

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Astrotech (Astrotech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astrotech Corp (NAS:ASTC) » Definitions » Momentum Rank
Comparable Companies
ASTR SIDU SIF AZ KITT AIRI XERI AULT PRZO ETCC GE RTX XPAR:AIR LMT BA XPAR:SAF GD NOC TDG LSE:BA.
Traded in Other Exchanges
SP5:Germany
Address
2105 Donley Drive, Suite 100, Austin, TX, USA, 78758
Website
https://www.astrotechcorp.com
Astrotech Corp is a science and technology development company. The firm invents, acquires, and commercializes technological innovations sourced from internal research, universities, laboratories, and research institutions. The 1st Detect develops, manufactures, and sells chemical analyzers for use in the airport security, military, breath analysis markets. AgLAB develops a series of mass spectrometers for use in the agriculture market.
Executives
Robert N Mcfarland director C/O EZENIA, INC., 14 CELINA AVE, SUITE 17-18, NASHUA NH 03063
Russler Daniel T Jr director 2105 DONLEY DRIVE, SUITE 100, AUSTIN TX 78758
James Frank Becker director 283 HEMLOCK LANE, WEST CHICAGO IL 60185
Jaime Hinojosa officer: CFO 2028 E BEN WHITE BLVD STE 240-9530, AUSTIN TX 78741
Braden Michael Leonard 10 percent owner 156 S. FIRST STREET, ZIONSVILLE IN 46077
Thomas Wiley Wilkinson director 3 COLERIDGE LANE, AUSTIN TX 78746
Winn Interests, Ltd. 10 percent owner 800 N. SHORELINE, 1900 N. TOWER, CORPUS CHRISTI TX 78401
Mark Adams director 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
William F Readdy director 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Ronald W Cantwell director 250 PARK AVE, SUITE 2020, NEW YORK NY 10017
Michael R. Humphrey director 401 CONGRESS AVE., SUITE 1650, AUSTIN TX 78701
Eric Stober officer: Chief Financial Officer 201 W. 5TH STREET, SUITE 1275, AUSTIN TX 78701
Pickens Thomas Boone Iii director, 10 percent owner, officer: Chief Executive Officer 12130 HIGHWAY 3, BLDG. 1, WEBSTER TX 77598
Sha-chelle Manning director 907 GEMINI STREET, HOUSTON TX 77058
Rajesh K Mellacheruvu officer: Chief Operating Officer 401 CONGRESS AVE, SUITE 1650, AUSTIN TX 78701