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AGL Resources (AGL Resources) Momentum Rank : 0 (As of May. 05, 2024)


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What is AGL Resources Momentum Rank?

AGL Resources 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.


AGL Resources Momentum Rank Related Terms

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AGL Resources (AGL Resources) Business Description

Traded in Other Exchanges
N/A
Address
AGL Resources Inc was incorporated on November 27, 1995 under the laws of the State of Georgia. It is an energy services holding company. The Company is engaged in the distribution of natural gas in seven states; Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee and Maryland through its seven natural gas distribution utilities. The Company's business segments are Distribution Operations, Retail Operations, Wholesale Services and Midstream Operations. The distribution operations segment includes seven natural gas local distribution utilities with a focus of providing safe and reliable delivery of natural gas. The retail operations segment serves natural gas commodity customers and service contracts. The wholesale services segment is engaged in asset management and optimization, storage, transportation, producer and peaking services and wholesale marketing of natural gas across the U.S. and Canada. Wholesale services utilizes a portfolio of natural gas storage assets, contracted supply from all of the main producing regions, as well as contracted storage and transportation capacity to provide these services to its customers. The midstream operations segment includes a number of businesses that are related and complementary to its primary business. The Company competes with electric utilities and fuel oil and propane providers serving the residential, commercial and industrial markets and natural gas facilities. The Company's business is subject to substantial regulation by federal, state and local regulatory authorities.
Executives
Bettina M Whyte director 9 W 57TH ST 34TH FLR, NEW YORK NY 10019
Dennis M Love director TEN PEACHTREE PLACE, DEPT. 1466, ATLANTA GA 30309
Dean R Ohare director 15 MOUNTAIN VIEW ROAD, WARREN NJ 07059
Norman Bobins director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Brenda J Gaines director 1445 ROSS AVENUE, SUITE 1400, DALLAS TX 75202
James A Rubright director 3435 WOODHAVEN RD NW, ATLANTA GA 30305
Sandra N Bane director
Henry C Wolf director NORFOLK SOUTHERN CORP, THREE COMMERCIAL PLACE, NORFOLK VA 23510-9219
Andrew W Evans director, officer: President & CEO TEN PEACHTREE PLACE, LOC. 1466, ATLANTA GA 30309
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
Bell Thomas D Jr director
Armando J Olivera director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Arthur E Johnson director IKON OFFICE SOLUTIONS INC, 70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John Rau director MIAMI CORPORATION, 410 N. MICHIGAN AVENUE, ROOM 590, CHICAGO IL 60611
Somerhalder John W Ii director, officer: Chairman and CEO 76 SOUTH MAIN STREET, AKRON OH 44308

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