GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Energy Recovery Inc (NAS:ERII) » Definitions » Momentum Rank

ERII (Energy Recovery) Momentum Rank : 10 (As of Dec. 14, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Energy Recovery Momentum Rank?

Energy Recovery has the Momentum Rank of 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.

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


Competitive Comparison of Energy Recovery's Momentum Rank

For the Pollution & Treatment Controls subindustry, Energy Recovery'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.


Energy Recovery's Momentum Rank Distribution in the Industrial Products Industry

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

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



Energy Recovery Momentum Rank Related Terms

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


Energy Recovery Business Description

Traded in Other Exchanges
Address
1717 Doolittle Drive, San Leandro, CA, USA, 94577
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
Executives
Rodney Clemente officer: VP, Global Desalination Sales 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Farshad Ghasripoor officer: Chief Technology Officer 1717 DOOLITTLE DRVIE, SAN LEANDRO CA 94577
David W Moon director 2800 BELCLAIRE DRIVE, FRISCO TX 75034
William Yeung officer: General Counsel 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Arve Hanstveit director C/O ENERGY RECOVERY, INC., 1908 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Joshua Ballard officer: Chief Financial Officer 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Mao Robert Yu Lang director 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
Sabol Colin R director 9921 MONTIANO DRIVE, NAPLES FL 34113
Pamela L. Tondreau director 198 CHAMPION COURT, SAN JOSE CA 95134
Lisa A Pollina director 950 N. MICHIGAN AVENUE, UNIT 2305, CHICAGO IL 60611
Sherif Foda director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Ole Peter Lorentzen 10 percent owner POSTBOKS A, BYGD0Y, OSLO Q8 0211
Emily Smith officer: VP, Marketing 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577