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Stem (STEM) Momentum Rank : 0 (As of Apr. 28, 2024)


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What is Stem Momentum Rank?

Stem has the Momentum Rank of 0.

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.


Stem Momentum Rank Related Terms

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Stem (STEM) Business Description

Traded in Other Exchanges
Address
100 California Street, 14th Floor, San Francisco, CA, USA, 94111
Stem is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. In 2022, the company acquired AlsoEnergy, a provider of solar asset management software.
Executives
Rahul Shukla officer: Chief Accounting Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Michael James Carlson officer: Chief Operating Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
David S Buzby director
Alan Russo officer: Chief Revenue Officer 100 ROLLINS ROAD, MILLBRAE CA 94030
Matthew Tappin officer: President, Asset Management 100 CALIFORNIA STREET, 14TH FLOOR, SAN FRANCISCO CA 94111
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Saul R. Laureles officer: Chief Legal Officer 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
John Eugene Carrington director, officer: CEO and Director 350 WEST WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
William John Bush officer: Chief Financial Officer 539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Kim Homenock officer: Chief People Officer 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Robert Schaefer officer: President, AlsoEnergy 100 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Larsh Johnson officer: Chief Technical Officer 100 ROLLINS RD, MILLBRAE CA 94030
Prakesh Patel officer: Chief Strategy Officer 100 ROLLINS ROAD, MILLBRAE CA 94030
Adam Daley director C/O MAGNETAR CAPITAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Anil Tammineedi director 100 ROLLINS RD, MILLBRAE CA 94030

Stem (STEM) Headlines

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Stem Expands its India Center of Excellence

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