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ADTN (Adtran Holdings) Momentum Rank : 9 (As of Dec. 12, 2024)


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What is Adtran Holdings Momentum Rank?

Adtran Holdings has the Momentum Rank of 9.

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 Adtran Holdings's Momentum Rank

For the Communication Equipment subindustry, Adtran Holdings'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.


Adtran Holdings's Momentum Rank Distribution in the Hardware Industry

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

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



Adtran Holdings Momentum Rank Related Terms

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Adtran Holdings Business Description

Address
901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Holdings Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products that enable a digital future that supports the company's Subscriber, Access & Aggregation, and Optical Networking Solutions; and Services & Support Segment which includes network design, implementation, maintenance and cloud-hosted services supporting the company's Subscriber, Access & Aggregation, and Optical Networking Solutions.
Executives
Ulrich Dopfer officer: Chief Financial Officer 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Thomas R Stanton officer: Vice President & Gen. Mgr. C/O ADTRAN, 901 EXPLORER BLVD., HUNTSVILLE AL 35806
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Wilson James Denson Jr officer: Chief Revenue Officer 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Christoph Glingener officer: CEO of ADVA 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Michael Foliano officer: CFO 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Brian Protiva director, officer: CEO of ADVA 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
James Denson Wilson Jr Chief Revenue Officer
Nikos Theodosopoulos director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Johanna Hey director 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Marc Kimpe officer: SVP, Research & Development 131 HERITAGE LANE, MADISON AL 35758
Ray Harris officer: Chief Information Officer 9811 RITCHIE CT, IJAMSVILLE MD 21754
Balan Nair director 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Robert Conger officer: SVP, Technology & Strategy 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Eduard Scheiterer officer: SVP, Research & Development 901 EXPLORER DRIVE, HUNTSVILLE AL 35806