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Axcelis Technologies (Axcelis Technologies) Momentum Rank : 5 (As of May. 14, 2024)


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What is Axcelis Technologies Momentum Rank?

Axcelis Technologies 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 Axcelis Technologies's Momentum Rank

For the Semiconductor Equipment & Materials subindustry, Axcelis Technologies'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.


Axcelis Technologies's Momentum Rank Distribution in the Semiconductors Industry

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

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



Axcelis Technologies Momentum Rank Related Terms

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


Axcelis Technologies (Axcelis Technologies) Business Description

Traded in Other Exchanges
Address
108 Cherry Hill Drive, Beverly, MA, USA, 01915
Axcelis Technologies Inc designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provide aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services and customer training. Geographically, the group has a business presence in North America, Asia Pacific and Europe, of which key revenue is derived from the Asia Pacific.
Executives
Joseph P Keithley director NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
James Gordon Coogan officer: EVP and CFO C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Greg Redinbo officer: EVP Marketing and Applications AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Lynnette C Fallon officer: Senior VP, HR/Legal 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Russell Low officer: EVP, Engineering 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Christopher Tatnall officer: EVP Global Customer Operations AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Douglas A. Lawson officer: EVP, Corporate Mktg & Strategy 21 VILLAGE VIEW ROAD, WESTFORD MA 01886
Gerald M Blumenstock officer: EVP, Engineering AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeanne Quirk director AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Mary G Puma officer: President and CEO AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Kevin J Brewer officer: VP, Manufacturing Operations AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01938
John T Kurtzweil director C/O CIRRUS LOGIC, INC., 2901 VIA FORTUNA, AUSTIN TX 78746
Tzu Yin Chiu director 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Dennis Thomas St director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551