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Scientific Industries (Scientific Industries) Momentum Rank : 1 (As of Apr. 27, 2024)


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What is Scientific Industries Momentum Rank?

Scientific Industries has the Momentum Rank of 1.

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 Scientific Industries's Momentum Rank

For the Scientific & Technical Instruments subindustry, Scientific Industries'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.


Scientific Industries's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Scientific Industries's Momentum Rank distribution charts can be found below:

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



Scientific Industries Momentum Rank Related Terms

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


Scientific Industries (Scientific Industries) Business Description

Traded in Other Exchanges
N/A
Address
80 Orville Drive, Suite 102, Bohemia, NY, USA, 11716
Scientific Industries Inc is engaged in the design, manufacture, and marketing of benchtop laboratory equipment. Its products are used for research purposes by universities, pharmaceutical companies, pharmacies, national laboratories, medical device manufacturers, petrochemical companies, and other industries performing laboratory-scale research. The company's operating segment includes Benchtop Laboratory Equipment, Bioprocessing Systems and Corporate. It generates maximum revenue from the Benchtop Laboratory Equipment segment. The company offers equipment products such as mixers, shakers, stirrers, refrigerated incubators, pharmacy balances and scales, force gauges, catalyst instruments, reactor systems, and high throughput systems.
Executives
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Marcus Frampton director, 10 percent owner 800 F STREET, UNIT #P2, JUNEAU AK 99801
Jurgen Walter Schumacher director WARTAWEIL 14, HERRSCHING 2M 82211
Reginald Averilla officer: Chief Financial Officer 175-20 WEXFORD TERRACE, APT 2X, JAMAICA NY 11432
Joseph G Cremonese director C/O SCIENTIFIC INDUSTRIES INC, 70 ORVILLE DR, BOHEMIA NY 11716
John A Moore director 403 MARSH LANE, WILMINGTON DE 19807
Helena R Santos director, officer: President and CEO
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
James B Polk officer: Chief Commercial Officer 7550 GLEN RIDGE DRIVE, CASTLE PINES CO 80101
Roy T Eddleman 10 percent owner 110 W. GEORGE BURNS ROAD, SUITE D-4018, LOS ANGELES CA 90048
Lyon Polk 10 percent owner 1585 BROADWAY, 22ND FLOOR, NEW YORK NY 10036
Christopher T Cox 10 percent owner CADWALADER, WICKERSHAM & TAFT LLP, ONE WORLD FINANCIAL CENTER, NEW YORK NY 10281
Robert Nichols officer: Secretary C/O SCIENTIFIC INDUSTRIES, INC., 70 ORVILLE DRIVE, BOHEMIA NY 11716
Watkins John F F director 469 PUMPKIN LANE, CLINTON CORNERS NY 12514
Karl Nowosielski officer: President-Division C/O SCIENTIFIC INDUSTRIES, 70 ORVILLE DRIVE, BOHEMIA NY 11716