GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Orion Energy Systems Inc (NAS:OESX) » Definitions » Momentum Rank

OESX (Orion Energy Systems) Momentum Rank : 4 (As of Dec. 16, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Orion Energy Systems Momentum Rank?

Orion Energy Systems has the Momentum Rank of 4.

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 Orion Energy Systems's Momentum Rank

For the Furnishings, Fixtures & Appliances subindustry, Orion Energy 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.


Orion Energy Systems's Momentum Rank Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Orion Energy Systems's Momentum Rank distribution charts can be found below:

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



Orion Energy Systems Momentum Rank Related Terms

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


Orion Energy Systems Business Description

Traded in Other Exchanges
Address
2210 Woodland Drive, Manitowoc, WI, USA, 54220
Orion Energy Systems Inc is a developer, manufacturer, and seller of lighting and energy management systems. The company segments include Orion Lighting Segment, Orion Maintenance Segment and Orion Electric Vehicle Charging Segment. It derives maximum revenue from Lighting Segment.
Executives
Anthony L. Otten director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Ellen B Richstone director C/O SONUS NETWORKS, INC., 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Heather L Wishart-smith director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
J Per Brodin officer: EVP, CFO, CAO & Treasurer
Scott A. Green officer: President-Orion Services Group 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Michael H Jenkins director, officer: Chief Executive Officer 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Richard A Shapiro director C/O WEXFORD CAPITAL, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Sally A. Washlow director 6500 W. CORTLAND STREET, CHICAGO IL 60607
Charles R. Mcdulin director 2210 WOODLAND DRIVE, MANITOWOC WI 54220
Michael W Altschaefl director ALBANY-CHICAGO COMPANY LLC, 8200 100TH STREET, PLEASANT PRAIRIE WI 53158
Michael J Potts director, officer: Executive Vice President ORION ENERGY SYSTEMS, INC., 1204 PILGRIM ROAD, PLYMOUTH WI 53073
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Kenneth M Young director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
William T Hull officer: Chief Financial Officer 9395 HUNT CLUB TRAIL, WARREN OH 44484
Mark C Williamson director 123 EAST MAIN STREET, SUITE 202, MADISON WI 53703

Orion Energy Systems Headlines

From GuruFocus

Q1 2024 Orion Energy Systems Inc Earnings Call Transcript

By GuruFocus Research 02-08-2024

Q2 2024 Orion Energy Systems Inc Earnings Call Transcript

By GuruFocus Research 02-08-2024