GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lattice Semiconductor Corp (LTS:0A6F) » Definitions » Momentum Rank

Lattice Semiconductor (LTS:0A6F) Momentum Rank : 5 (As of Dec. 11, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Lattice Semiconductor Momentum Rank?

Lattice Semiconductor has the Momentum Rank of 5.

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 Lattice Semiconductor's Momentum Rank

For the Semiconductors subindustry, Lattice Semiconductor'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.


Lattice Semiconductor's Momentum Rank Distribution in the Semiconductors Industry

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

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



Lattice Semiconductor Momentum Rank Related Terms

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


Lattice Semiconductor Business Description

Traded in Other Exchanges
Address
5555 North East Moore Court, Hillsboro, OR, USA, 97124-6421
Lattice Semiconductor Corp is a developer of semiconductor technology that it distributes through products, solutions, and licenses. The company reaches its customers through consumer, communications, and industrial markets. The company has one operating segment namely the core Lattice business that includes silicon-based and silicon-enabling products, evaluation boards, development hardware, and related intellectual property licensing, services, and sales. The products of the company are offered globally; and, the majority of sales are derived from customers in Asia.

Lattice Semiconductor Headlines

No Headlines