National Fuel Gas Co (FRA:NFG) Momentum Rank : 10 (As of Dec. 13, 2024)

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

What is National Fuel Gas Co Momentum Rank?

National Fuel Gas Co 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 National Fuel Gas Co's Momentum Rank

For the Oil & Gas Integrated subindustry, National Fuel Gas Co'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.

National Fuel Gas Co's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Fuel Gas Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where National Fuel Gas Co's Momentum Rank falls into.

National Fuel Gas Co Momentum Rank Related Terms

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

National Fuel Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » National Fuel Gas Co (FRA:NFG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NFG:USA NFG:Germany

Address

6363 Main Street, Williamsville, NY, USA, 14221

Website

https://www.nationalfuel.com

National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. The company generates a majority of its revenue from the Exploration and Production segment which is engaged in the exploration for, and the development and production of, natural gas in the Appalachian region of the United States. Geographically, the company operates in the United States.