Dnow (DNOW) Momentum Rank : 9 (As of Apr. 25, 2024)

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What is Dnow Momentum Rank?

Dnow has the Momentum Rank of 9.

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 Dnow's Momentum Rank

For the Specialty Industrial Machinery subindustry, Dnow'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.

Dnow's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dnow's Momentum Rank distribution charts can be found below:

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

Dnow Momentum Rank Related Terms

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

Dnow (DNOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dnow Inc (NYSE:DNOW) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

11N:Germany 11N:Germany

Address

7402 North Eldridge Parkway, Houston, TX, USA, 77041

Website

https://www.distributionnow.com

Dnow Inc is a company engaged in worldwide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. They offer a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management. Its locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies as well as companies operating in the decarbonization, energy transition and renewables end markets.

Executives

Karen David-green	director	C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
David A Cherechinsky	officer: Sr. Vice President and CFO	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Sonya Reed	director	4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Fanny R. Surratt	officer: See Remarks	NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Kelly T. Munson	officer: See Remarks	NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Richard J Alario	director	C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Paul M Coppinger	director
Rodney W Eads	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
J. Wayne Richards	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Galen Cobb	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Terry Bonno	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
James Crandell	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Daniel L Molinaro	officer: Executive Vice President	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Mark B Johnson	officer: See Remarks	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Raymond W Chang	officer: VP and General Counsel	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041