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CEA Industries (CEA Industries) Momentum Rank : 2 (As of May. 06, 2024)


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What is CEA Industries Momentum Rank?

CEA Industries 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 CEA Industries's Momentum Rank

For the Farm & Heavy Construction Machinery subindustry, CEA 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.


CEA Industries's Momentum Rank Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CEA Industries's Momentum Rank distribution charts can be found below:

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



CEA Industries Momentum Rank Related Terms

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


CEA Industries (CEA Industries) Business Description

Traded in Other Exchanges
N/A
Address
385 South Pierce Avenue, Suite C, Louisville, CO, USA, 80027
CEA Industries Inc through its subsidiary designs, engineers and manufactures application-specific environmental control and air sanitation systems for commercial, state and provincial-regulated indoor cannabis cultivation facilities in the U.S. and Canada. Its engineering and technical team provides energy and water-efficient solutions that allow growers to meet demands of an indoor cannabis cultivation environment through precise temperature, humidity, and process controls and to satisfy the evolving code and regulatory requirements at the state, provincial and local levels.
Executives
Ian Kiran Patel officer: CFO, Treasurer & Secretary 41 ONEIDA COURT, DENVER CO 80230
Troy Lee Reisner director 8374 RAPHAEL LANE, LITTLETON CO 80125
Marion Mariathasan director 2373 S OLIVE ST, DENVER CO 80224
Brian Knaley officer: CFO/Treasurer C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724
James Randall Shipley director 530 NORTH LAKESHORE DR #1208, CHICAGO IL 60611
Nicholas J. Etten director 874, VALLEY ROAD, GLENCOE IL 60022
Anthony K Mcdonald director 11934 W. 75TH PLACE, ARVADA CO 80005
Mark E. Smiens officer: CFO/Treasurer 2819 IRONWOOD CIRCLE, ERIE CO 80516
Chris Bechtel director 31 CAPE HARBOUR PLACE, THE WOODLANDS TX 77380
Aaron Trent Doucet officer: Chief Operating Officer 3301 ARAPAHOE, APT 404, BOULDER CO 80303
Paul C Kelly other: Former CFO/Treasurer 10401 OWENS CIRCLE, WESTMINSTER CO 80021
Morgan Paxhia other: Former Director 130 FREDERICK STREET, #102, SAN FRANCISCO CA 94117
Taylor Simonton director 5170 SOUTH HANOVER WAY, ENGLEWOOD CO 80111-6239
Brandy Marie Keen 10 percent owner 840 TURPIN WAY, ERIE CO 80516
Timothy J Keating director 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111