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Ameresco (Ameresco) Momentum Rank : 4 (As of Apr. 27, 2024)


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What is Ameresco Momentum Rank?

Ameresco 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 Ameresco's Momentum Rank

For the Engineering & Construction subindustry, Ameresco'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.


Ameresco's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ameresco's Momentum Rank distribution charts can be found below:

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



Ameresco Momentum Rank Related Terms

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


Ameresco (Ameresco) Business Description

Traded in Other Exchanges
Address
111 Speen Street, Suite 410, Framingham, MA, USA, 01701
Ameresco Inc provides energy efficiency solutions for facilities in North America and Europe. It focuses on projects that reduce energy, also focuses on the operation and maintenance costs of governmental, educational, utility, healthcare, and other institutional, commercial, and industrial entities facilities. Ameresco distributes solar energy products and systems, such as PV panels, solar regulators, solar charge controllers, inverters, solar-powered lighting systems, solar-powered water pumps, solar panel mounting hardware, and other system components. The company's segment includes U.S. Regions; U.S. Federal; Canada; Alternative Fuels; Non-Solar DG and All Other. It derives a majority of revenue from the U.S. Regions segment.
Executives
George P Sakellaris director, 10 percent owner, officer: President and CEO 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Nicole E Bulgarino officer: Senior Vice President C/O AMERESCO, INC., 111 SPEEN ST, SUITE 410, FRAMINGHAM MA 01701
Spencer Doran Hole officer: SVP and CFO C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Peter Christakis officer: Executive Vice President C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Britta Macintosh officer: Senior Vice President 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Louis P Maltezos officer: Executive Vice President 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
David J Corrsin director, officer: EVP and General Counsel 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Mark Chiplock officer: Vice President & CFO C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Michael T Bakas officer: Senior Vice President 111 SPEEN STREET, SUIT 410, FRAMINGHAM MA 01701
Wisneski Francis V Jr director 111 SPEEN STREET, FRAMINGHAM MA 01701
Charles R. Patton director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Claire D'oyly-hughes Johnson director C/O AMERESCO, INC., 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Douglas I Foy director 411 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701
Robert Georgeoff officer: Senior Vice President 111 SPEEN STREET, STE. 401, 111 SPEEN STREET, STE. 401, FRAMINGHAM MA 01701-3812
Thomas S Murley director C/O AMERESCO, INC., 111 SPEEN STREET, SUITE 410, FRAMINGHAM MA 01701