Mercury Systems (FRA:MCY) Momentum Rank : 9 (As of Dec. 14, 2024)

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What is Mercury Systems Momentum Rank?

Mercury Systems 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 Mercury Systems's Momentum Rank

For the Aerospace & Defense subindustry, Mercury Systems'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.

Mercury Systems's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Mercury Systems's Momentum Rank falls into.

Mercury Systems Momentum Rank Related Terms

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Mercury Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mercury Systems Inc (FRA:MCY) » Definitions » Momentum Rank

Comparable Companies

AIR VSEC ACHR VVX TGI CDRE LUNR SPR PL EVEX GE RTX LMT XPAR:AIR BA XPAR:SAF GD NOC TDG LSE:RR.

Traded in Other Exchanges

MRCY:USA MCY:Germany

Address

50 Minuteman Road, Andover, MA, USA, 01810

Website

https://www.mrcy.com

Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.