Sparton (Sparton) Momentum Rank : 0 (As of May. 05, 2024)

View and export this data going back to 1929. Start your Free Trial

What is Sparton Momentum Rank?

Sparton has the Momentum Rank of 0.

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.

Sparton Momentum Rank Related Terms

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

Sparton (Sparton) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sparton Corp (NYSE:SPA) » Definitions » Momentum Rank

Traded in Other Exchanges

N/A

Address

425 North Martingale Road, Suite 1000, Schaumburg, IL, USA, 60173

Website

http://www.sparton.com

Sparton Corp is a provider of design, development, and manufacturing services for complex electromechanical devices and engineered products. The Company serves the medical & biotechnology, military & aerospace and industrial & commercial markets.

Executives

Joseph J Hartnett	director, officer: Interim CEO & President	425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Frank Anders Wilson	director	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Alan Lee Bazaar	director	9 BEDFORD ROAD, KATONAH NY 10536
Charles R. Kummeth	director	425 MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173-2213
John A. Janitz	director	6644 CORNERSTONE LANE, ROCHESTER HILLS MI 48306
Michael W Osborne	officer: Sr. VP - Corporate Development	105 NORTON STREET NEWARK NY 14513
Cary B Wood	director, officer: CEO & President	425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Donald W Pearson	officer: Sr. VP & CFO	425 N. MARTINGALE ROAD SUITE 2050 SCHAUMBURG IL 60173-2213
Stephanie A Martin	officer: Senior Vice President	105 NORTON ST NEWARK NY 14513