ALGM (Allegro Microsystems) Momentum Rank : 5 (As of Mar. 03, 2025)

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What is Allegro Microsystems Momentum Rank?

Allegro Microsystems has the Momentum Rank of 5.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Allegro Microsystems's Momentum Rank

For the Semiconductors subindustry, Allegro Microsystems'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.

Allegro Microsystems's Momentum Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Allegro Microsystems's Momentum Rank distribution charts can be found below:

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

Allegro Microsystems Momentum Rank Related Terms

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Allegro Microsystems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Allegro Microsystems Inc (NAS:ALGM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

6V5:Germany

Address

955 Perimeter Road, Manchester, NH, USA, 03103

Website

https://www.allegromicro.com

Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories such as SENSE which includes Current Sensors, Switches and Latches, and Interface ICs among others; REGULATE which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC, and others. Key revenue for the company is generated from Greater China and the rest from the United States, Japan, Europe, and other regions.

Executives

Michael Doogue	officer: SVP, CTO	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Vineet A Nargolwala	director, officer: President and CEO	529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Sanken Electric Co., Ltd.	10 percent owner	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Richard R. Lury	director	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Max R. Glover	officer: SVP of Worldwide Sales	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Mary G Puma	director	AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Derek D'antilio	officer: SVP, CFO & Treasurer	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Joseph R Martin	director
Suman Narayan	officer: SVP, Products	955 PERIMETER ROAD, MANCHESTER NH 03103
Sharon Briansky	officer: SVP, GC and Secretary	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Roald Graham Webster	officer: VP, Chief Accounting Officer	955 PERIMETER RD, MANCHESTER NH 03103
Susan D Lynch	director	2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Oep Skna, L.p.	10 percent owner	510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Joanne Valente	officer: SVP, CHRO	C/O ALLEGRO MICROSYSTEMS, INC., 955 PERIMETER ROAD, MANCHESTER NH 03103
Katsumi Kawashima	director	955 PERIMETER ROAD, MANCHESTER NH 03103