GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Micron Solutions Inc (OTCPK:MICRD) » Definitions » Momentum Rank

Micron Solutions (Micron Solutions) Momentum Rank : 6 (As of May. 13, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Micron Solutions Momentum Rank?

Micron Solutions has the Momentum Rank of 6.

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 Micron Solutions's Momentum Rank

For the Medical Devices subindustry, Micron Solutions'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.


Micron Solutions's Momentum Rank Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micron Solutions's Momentum Rank distribution charts can be found below:

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



Micron Solutions Momentum Rank Related Terms

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


Micron Solutions (Micron Solutions) Business Description

Traded in Other Exchanges
N/A
Address
25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
Executives
Steven D. Heinemann 10 percent owner C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Wayne M Coll officer: CFO
Rodd Friedman director, 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Jason Russell Chambers director 4355 COBB PKWY, SUITE J BOX 269, ATLANTA 2Q 30339
Robert A Mello director C/O IRIS INTERNATIONAL, INC., 9158 ETON AVENUE, CHATSWORTH CA 91311
William J. Laursen director, officer: Chief Executive Officer 13 PENINSULA ROAD, HARVARD MA 01451
Andrei Soran director 28 LOTHROP STREET, NEWTON MA 02460
Bryan Ganz director C/O ARRHYTHMIA RESEARCH TECHNOLOGY, INC., 25 SAWYER PASSWAY, FITCHBURG MA 01420
Ref Securities & Co. 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Marco Benedetti director 9645 WEHRLE DRIVE, CLARENCE NY 14031
Salvatore Jr Emma director, officer: PRESIDENT and CEO 20 LONGLEY ROAD, SHIRLEY MA 01464
Derek Thomas Welch officer: Prin.Financial & Accounting 405 NEW WEST TOWNSEND ROAD, LUNENBURG MA 01462
Patrick L Muldoon director 215 HUBBARDSTON ROAD, PRINCETON MA 01541
Michael S Gunter director 104 CAMBRIDGE PLAZA DRIVE, WINSTON-SALEM NC 27104
Michael Francis Nolan officer: Chief Operating Officer 25 SAWYER PASSWAY, FITCHBURG MA 01420

Micron Solutions (Micron Solutions) Headlines

From GuruFocus

Micron Solutions, Inc. Reports 2020 First Quarter Results

By Marketwired Marketwired 05-15-2020

Micron Solutions, Inc. Reports First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 06-05-2022

Micron Solutions, Inc. Receives $248K in Training Grant

By GuruFocusNews GuruFocusNews 12-07-2021

Micron Solutions, Inc. Reports First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 06-15-2022

Micron Solutions, Inc. Enters Sale-Leaseback Agreement

By Marketwired Marketwired 08-26-2020

Micron Solutions, Inc. Reports First Quarter 2022 Results

By GuruFocusNews GuruFocusNews 07-05-2022

Micron Solutions, Inc. Reports 2021 Third Quarter Results

By GuruFocusNews GuruFocusNews 11-15-2021