Byrna Technologies (Byrna Technologies) Momentum Rank : 6 (As of Apr. 27, 2024)

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What is Byrna Technologies Momentum Rank?

Byrna Technologies has the Momentum Rank of 6.

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 Byrna Technologies's Momentum Rank

For the Aerospace & Defense subindustry, Byrna 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.

Byrna Technologies's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Byrna Technologies's Momentum Rank distribution charts can be found below:

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

Byrna Technologies Momentum Rank Related Terms

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Byrna Technologies (Byrna Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Byrna Technologies Inc (NAS:BYRN) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Burtt Road, Suite 115, Andover, MA, USA, 01810

Website

https://www.byrna.com

Byrna Technologies Inc is a designer, manufacturer, retailer and distributor of technological solutions for security situations that do not require the use of lethal force. The company generates its revenue from the United States, South Africa, Europe, South America, Asia and Canada.

Executives

David North	officer: Chief Financial Officer	100 BURTT RD., SUITE 115, ANDOVER MA 01810
Bryan Ganz	director, officer: CEO Pres Chairman of the Board	C/O ARRHYTHMIA RESEARCH TECHNOLOGY, INC., 25 SAWYER PASSWAY, FITCHBURG MA 01420
Luan Pham	officer: CRMO	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Michael Wager	officer: Chief Strategy Officer	100 BURTT ROAD, SUITE 115, BOSTON MA 01810
Lisa Wager	officer: Chief Legal Officer	100 BURTT RD., SUITE 115, ANDOVER MA 01810
Leonard J Elmore	director	ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
Emily Rooney	director	100 BURTT ROAD, SUITE 115, ANDOVER MA 01810
Michael Scott Gillespie	officer: Chief Operating Officer	100 BURTT ROAD, SUITE 115, ANDOVER MA 01810
Chris Lavern Reed	director	100 BURTT RD., SUITE 115, ANDOVER MA 01810
Lapeyre Pierre F Jr	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE 36TH FLOOR, NEW YORK NY 10019
Paul C. Jensen	director	TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Clive D Bode	director	909 HIDDEN RIDGE STE 600, IRVING TX 75038
Herbert Hughes	director	100 BURTT ROAD, SUITE 115, ANDOVER MA 01810
Rodd Friedman	10 percent owner	12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Ref Securities & Co.	10 percent owner	12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854