Harmonic (Harmonic) Momentum Rank

: 7 (As of Today)

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Harmonic has the Momentum Rank of 7.

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

For the Communication Equipment subindustry, Harmonic'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.

Harmonic Momentum Rank Distribution

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

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

Harmonic Momentum Rank Related Terms

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Harmonic (Harmonic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Harmonic Inc (NAS:HLIT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

HMC:Germany

Address

2590 Orchard Parkway, San Jose, CA, USA, 95131

Website

https://www.harmonicinc.com

Harmonic Inc designs and manufactures video infrastructure products and system solutions to deliver video and broadband services to consumer devices. The firm operates in two segments: Video, which sells video processing, production, and playout solutions to cable operators and satellite and telecommunications providers; and Broadband which sells broadband access solutions and related services. Majority of the revenue generated from the company is from United States.

Executives

Walter Jankovic	officer: Chief Financial Officer	2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Jeremy Rosenberg	officer: Interim CFO & SVP Bus Dev	2590 ORCHARD PARKWAY, SAN JOSE CA 95131
Patrick Harshman	officer: President, BAN Division	2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Nimrod Ben-natan	officer: VP, Solutions & Strategy	2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Neven Haltmayer	officer: Vice President, R&D	549 BALTIC WAY, SUNNYVALE CA 94089
Sanjay Kalra	officer: Chief Financial Officer	HARMONIC INC., 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Ian Graham	officer: SVP, Intl Sales & Video Svcs	2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Sophia Kim	director	2590 ORCHARD PARKWAY, SAN JOSE CA 95131
Nikos Theodosopoulos	director	C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Daniel T Whalen	director	2055 BENJAMIN CIRCLE, WALL NJ 07719
David Krall	director	C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876
Eric Louvet	officer: SVP Sales NA & APAC	4300 NORTH FIRST STREET, SAN JOSE CA 95134
Susan Swenson	director	C/O PALM INC, 5470 GREAT AMERICAN PARKWAY MS12116, SANTA CLARA CA 95052
Deborah Clifford	director	4300 NORTH FIRST STREET, SAN JOSE CA 95134
William F Reddersen	director