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Astronics (Astronics) Momentum Rank : 10 (As of Apr. 26, 2024)


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What is Astronics Momentum Rank?

Astronics has the Momentum Rank of 10.

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 Astronics's Momentum Rank

For the Aerospace & Defense subindustry, Astronics'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.


Astronics's Momentum Rank Distribution in the Aerospace & Defense Industry

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

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



Astronics Momentum Rank Related Terms

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


Astronics (Astronics) Business Description

Traded in Other Exchanges
Address
130 Commerce Way, East Aurora, NY, USA, 14052
Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Robert S Keane director, 10 percent owner CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Linda O'brien director 6124 FOREST HIGHLANDS DR., FORT WORTH TX 76132
Warren C Johnson director P.O. BOX 189, 13133 BEAR ROAD, WALES CENTER NY 14169
Nancy L Hedges officer: Principal Accounting Officer 130 COMMERCE WAY, EAST AURORA NY 14052
Jeffry D Frisby director C/O QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 HECTOR STREET, CONSHOHOCKEN PA 19428
James Mulato other: Pres Astronics Test Systems 4 GOODYEAR, IRVINE CA 92677
Mark Peabody officer: VP Astronics Advanced Electron 130 COMMERCE WAY, EAST AURORA NY 14052
Tonit M Calaway director HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
David C Burney officer: VP-Finance, Treasurer 130 COMMERCE WAY, EAST AURORA NY 14052
Michael C Kuehn officer: Executive Vice President 130 COMMERCE WAY, EAST AURORA NY 14052
Mark J Moran director 1600 SMITH STREET, HQSEO, HOUSTON TX 77002
James S Kramer officer: VP Luminescent Systems, Inc. 130 COMMERCE WAY, EAST AURORA NY 14052
Peter J Gundermann director 130 COMMERCE WAY, EAST AURORA NY 14052
Robert J Mckenna director 38 QUARTERMASTER DRIVE, SALEM SC 29676
5096 Saranac Llc 10 percent owner 1801 ELMWOOD AVENUE, SUITE 1, BUFFALO NY 14207-2463