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CyberOptics (CyberOptics) Momentum Rank : 6 (As of May. 13, 2024)


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What is CyberOptics Momentum Rank?

CyberOptics 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 CyberOptics's Momentum Rank

For the Semiconductor Equipment & Materials subindustry, CyberOptics'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.


CyberOptics's Momentum Rank Distribution in the Semiconductors Industry

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

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



CyberOptics Momentum Rank Related Terms

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


CyberOptics (CyberOptics) Business Description

Traded in Other Exchanges
N/A
Address
5900 Golden Hills Drive, Minneapolis, MN, USA, 55416
CyberOptics Corp is a developer and manufacturer of sensing technology solutions. The company's products and services are used in the surface mount technology, semiconductor and three-dimensional scanning solutions and services markets. The majority of its products are developed and sold for use in SMT electronic circuit board assembly. The company develops, manufactures and sells non-contact sensors and systems for process control and inspection, and general-purpose metrology. The company's product offerings are sold to original equipment manufacturers and end-user customers.
Executives
Hardy Cordell director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Jeffrey A. Bertelsen officer: CFO and COO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Michael M. Selzer director 2341 JOHN MARSHALL, #273, FLAGSTAFF AZ 86005
Subodh K Kulkarni officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Cheri B Podzimek director 7050 WINNETKA AVE. N., SUITE 100, BROOKLYN PARK MN 55428
Craig D Gates director
Vivek Mohindra director C/O CYBEROPTICS CORPORATION, 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Alex B Cimochowski director 24424 N. 117TH STREET, SCOTTSDALE AZ 85255
Daniel Good officer: VP Corporate Development 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven J Dimarco officer: VP-Mktg. & Strategic Planning 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Kathleen P Iverson director, officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven K Case director, officer: Chairman
Michael Proulx officer: Vice President-Operations 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Erwin A Kelen director
Scott G Larson officer: Vice President-Finance & CFO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416