IQE (LSE:IQE) Momentum Rank : 5 (As of Mar. 28, 2025)

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What is IQE Momentum Rank?

IQE has the Momentum Rank of 5.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

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

Competitive Comparison of IQE's Momentum Rank

For the Semiconductor Equipment & Materials subindustry, IQE'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.

IQE's Momentum Rank Distribution in the Semiconductors Industry

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

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

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IQE Momentum Rank Related Terms

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IQE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » IQE PLC (LSE:IQE) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

IQEPF:USA IQE.GB:UK

Address

Pascal Close, Saint Mellons, Cardiff, South Glamorgan, GBR, CF3 0LW

Website

https://www.iqep.com

IQE PLC is a company engaged in the research, design, development, manufacture and sale of compound semiconductor materials. Its reportable segments based on the markets include Wireless, Photonics, and CMOS++. The Photonics segment manufactures and sells compound semiconductor material for the photonics market, which includes applications that either transmit or sense light, both visible and infrared. The Wireless segment manufactures and sells compound semiconductor material for the wireless market, which includes radiofrequency devices that enable wireless communications. Its geographical segments are the Americas, Europe, Middle East & Africa (EMEA), and the Asia Pacific.

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