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SolarEdge Technologies (NAS:SEDG) Momentum Rank

: 2 (As of Today)
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SolarEdge Technologies has the Momentum Rank of 2.

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 Solar subindustry, SolarEdge 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.

   

SolarEdge Technologies Momentum Rank Distribution

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

* The bar in red indicates where SolarEdge Technologies's Momentum Rank falls in comparison to its industry or sector. The grey bar indicates the Momentum Rank's extreme value range as defined by GuruFocus.



SolarEdge Technologies Momentum Rank Related Terms

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


SolarEdge Technologies (NAS:SEDG) Business Description

SolarEdge Technologies logo
Traded in Other Exchanges
Address
1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Executives
Dana Rebecca Gross director C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Dirk Hoke director 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Betsy S Atkins director
Uri Bechor officer: Chief Operating Officer 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Nadiv Zafrir director 555 WEST 59 STREET, APT 19B, NEW YORK NY 10019
Opus Capital Venture Partners V, L.p. 10 percent owner 2730 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Marcel Gani director 142 ALMENDRAL AVE, ATHERTON CA 94027
Tal Payne director 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Dan Avida director 2730 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Christopher J Schaepe 10 percent owner
Promod Haque 10 percent owner C/O NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301
Chester A. Farris director 28145 HOLLYBERRY LANE, YORBA LINDA CA 92887
Pacven Walden Management Vi Co. Ltd. 10 percent owner ONE CALIFORNIA STREET, 28TH FLOOR, SAN FRANCISCO CA 94111
Pacven Walden Ventures Parallel Vi L P 10 percent owner ONE CALIFORNIA ST SUITE 2800, SAN FRANCISCO CA 94111
Pacven Walden Ventures Vi Lp 10 percent owner One California St., Suite 2800, San Francisco CA 94111