Tel Instrument Electronics (Tel Instrument Electronics) Momentum Rank : 4 (As of May. 15, 2024)

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What is Tel Instrument Electronics Momentum Rank?

Tel Instrument Electronics has the Momentum Rank of 4.

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 Tel Instrument Electronics's Momentum Rank

For the Aerospace & Defense subindustry, Tel Instrument Electronics'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.

Tel Instrument Electronics's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Tel Instrument Electronics's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Tel Instrument Electronics's Momentum Rank falls into.

Tel Instrument Electronics Momentum Rank Related Terms

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Tel Instrument Electronics (Tel Instrument Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Tel Instrument Electronics Corp (OTCPK:TIKK) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Branca Road, East Rutherford, NJ, USA, 07073

Website

https://www.telinstrument.com

Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The avionics government segment consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. The Avionics commercial segment consists of design, manufacture, and sale of test equipment to domestic and foreign airlines. It generates a majority of its revenue from the Avionics Government segment.

Executives

Dowling Vincent J. Jr	10 percent owner	54 LEDYARD, WEST HARTFORD CT 06117
Robert A Rice	director	728 GARDEN ST, CARLSTADT NJ 07072
Joseph P Macaluso	10 percent owner, officer: Principal Accounting Officer
Stephen A Fletcher	director, 10 percent owner	ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Sadie Elizabeth Fletcher	10 percent owner	ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Michael Wolfgang Schirmer	officer: Chief Operating Officer	ONE BRANCA ROAD, EAST RUTHERFORD NJ 07073
Jeff C Ohara	director	ONE BRANCA RD, EAST RUTHERFORD NJ 07073
George J Leon	director, 10 percent owner
Chris H Allen	officer: VP of Operations	ONE BRANCA RD, EAST RUTHERFORD NJ 07073
Harold K Fletcher	director, 10 percent owner, officer: CEO
Marc A Mastrangelo	officer: Vice President-Manufacturing	728 GARDEN ST, CARLSTADT NJ 07072
Adam Rachlin	officer: Vice President	728 GARDEN ST, CARLSTADT NJ 07072
Charles R Palanzo	officer: COO	728 GARDEN STREET, CARLSTADT NJ 07072
Robert H Walker	director	C/O ROBOTIC VISION SYSTEMS INC, 486 AMHERST STREET, NASHUA NH 03063
Robert J Melnick	director, officer: Vice President

Tel Instrument Electronics (Tel Instrument Electronics) Headlines

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