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ENPH (Enphase Energy) Momentum Rank : 2 (As of Dec. 16, 2024)


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What is Enphase Energy Momentum Rank?

Enphase Energy 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 Enphase Energy's Momentum Rank

For the Solar subindustry, Enphase Energy'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.


Enphase Energy's Momentum Rank Distribution in the Semiconductors Industry

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

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



Enphase Energy Momentum Rank Related Terms

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Enphase Energy Business Description

Traded in Other Exchanges
Address
47281 Bayside Parkway, Fremont, CA, USA, 94538
Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.
Executives
Badrinarayanan Kothandaraman officer: President & CEO ENPHASE ENERGY INC., 1420 NORTH MCDOWELL BLVD, PETALUMA CA 94954
David A Ranhoff officer: VP & Chief Commercial Officer MEMC ELECTRONIC MATERIALS, 501 PEARL DRIVE, ST. PETERS MO 63366
Thurman J Rodgers director 535 EASTVIEW WAY, WOODSIDE CA 94062
Mandy Yang officer: Chief Accounting Officer C/O ENPHASE ENERGY, INC., 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Steven J Gomo director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Richard Mora director C/O LANDIS+GYR, 30000 MILL CREEK AVE, SUITE 3022, ALPHARETTA GA 30022
Jeff Mcneil officer: Chief Operating Officer 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Joseph Ian Malchow director C/O ENPHASE ENERGY, 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Benjamin John Kortlang director, 10 percent owner 2750 SAND HILL ROAD, MENLO PARK CA 94025
Eric Branderiz officer: VP & Chief Financial Officer 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Jamie Elizabeth Haenggi director 1501 YAMATO ROAD, BOCA RATON FL 33431
Moreno Isidoro Quiroga 10 percent owner VENIDA PRESIDENTE RIESCO 5711 OFICINA 16, LAS CONDES, SANTIAGO F3 7550000
South Lake One Llc 10 percent owner 250 WEST 55TH STREET, NEW YORK NY 10019
John Howard Weber director 600 CORPORATION DRIVE, PENDLETON IN 46064
Humberto Garcia officer: VP and CFO 1420 N. MCDOWELL BLVD., PETALUMA CA 94954