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


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What is Sunworks Momentum Rank?

Sunworks 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.


Sunworks Momentum Rank Related Terms

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Sunworks (Sunworks) Business Description

Traded in Other Exchanges
Address
1555 Freedom Boulevard, Provo, UT, USA, 84604
Sunworks Inc provides photovoltaic (PV) and battery-based power and storage systems for the residential and commercial markets. Commercial projects include commercial, agricultural, industrial, and public works projects. It has three operating segments; Residential Solar offers design, arrangement to finance, integrate, install, and manage systems for residential homeowners, Commercial Solar offers design, arrangement to finance, integration, install, and manage systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems for larger commercial and public works projects, and Corporate segment includes general company oversight and management. The company derives a majority of its revenue from the residential solar segment.
Executives
Mark Trout officer: Group CEO of Solcius 1598 E. BOX ELDER DRIVE, ALPINE UT 84004
Jason Lee Bonfigt officer: Chief Financial Officer 3240 S. CENTRAL AVE., CICERO IL 60804
Gaylon Morris director, officer: Chief Executive Officer 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Mccullough Patrick Clement Jr. director 3858 WEST 12240 SOUTH, PAYSON UT 84651
Christopher Gardner Monahan officer: Chief Legal Officer 1555 FREEDOM BLVD 200 WEST, PROVO UT 84604
Jason Scott Knapp officer: President of Solcius 3858 WEST 12240 SOUTH, PAYSON UT 84651
Charles F Cargile director C/O SUNWORKS, INC., 1010 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Judith Ann Hall director C/O SUNWORKS, INC., 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Philip A. Radmilovic officer: Chief Financial Officer 3569 MINERS RAVINE DR., ROSEVILLE CA 95661
Stanley E Speer director 100 WILSHIRE BLVD, STE 1600, SANTA MONICA CA 90401
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Daniel Andrew Gross director C/0 SUNWORKS, INC, 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 34110
Abraham Richard Emard director 2690 TAYLOR ROAD, PENRYN CA 95663
Paul Clayton Mcdonnel officer: Chief Financial Officer ARROWHEAD RESEARCH CORPORATION, 201 SOUTH LAKE AVENUE, SUITE 703, PASADENA CA 91101
Slooten John Van director 1592 RED TREE COURT, DRAPER UT 84020