Ultralife (Ultralife) Momentum Rank : 3 (As of Apr. 29, 2024)

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What is Ultralife Momentum Rank?

Ultralife has the Momentum Rank of 3.

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 Ultralife's Momentum Rank

For the Electrical Equipment & Parts subindustry, Ultralife'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.

Ultralife's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ultralife's Momentum Rank distribution charts can be found below:

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

Ultralife Momentum Rank Related Terms

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

Ultralife (Ultralife) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ultralife Corp (NAS:ULBI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ULB:Germany

Address

2000 Technology Parkway, Newark, NY, USA, 14513

Website

https://www.ultralifecorporation.com

Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company design, manufacture, install and maintain power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from Battery and Energy Products segment.

Executives

Bradford T Whitmore	10 percent owner	5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077
Michael Edward Manna	director, officer: President and CEO	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
W. Shaw Robert	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Janie Goddard	director	C/O ACON - 1133 CONNECTICUT AVENUE, NW, SUITE 700, WASHINGTON DC 20036
Thomas Louis Saeli	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Philip A Fain	officer: Vice President	C/O CXO ON THE GO OF DELAWARE, LLC, 3349 MONROE AVENUE, # 256, ROCHESTER NY 14618
Michael D Popielec	director, officer: President and CEO	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Steven Mark Anderson	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Sunray I, Llc	10 percent owner	1560 SHERMAN AVENUE, SUITE 900, EVANSTON IL 60201
James A. Croce	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Spurgeon Corp	10 percent owner	407 S. THIRD STREET, SUITE 230, GENEVA IL 60134
Patricia C Barron	director	6601 WEST BROAD STREET, P O BOX 27003, RICHMOND VA 23261-7003
Daniel W Christman	director	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Paula H Cholmondeley	director	221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Ranjit C Singh	director