Micropac Industries (Micropac Industries) Momentum Rank : 10 (As of May. 13, 2024)

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What is Micropac Industries Momentum Rank?

Micropac Industries has the Momentum Rank of 10.

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 Micropac Industries's Momentum Rank

For the Electronic Components subindustry, Micropac Industries'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.

Micropac Industries's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Micropac Industries's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Micropac Industries's Momentum Rank falls into.

Micropac Industries Momentum Rank Related Terms

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Micropac Industries (Micropac Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Micropac Industries Inc (OTCPK:MPAD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

905 East Walnut Street, Garland, TX, USA, 75040

Website

https://www.micropac.com

Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.

Executives

Mark W King	director, officer: Chief Executive Officer	2905 WYNDHAM LANE, RICHARDSON TX 75082
Richard K Hoesterey	director	7852 LA COSA DRIVE, DALLAS TX 75248
Eugene A. Robinson	director	1200 LAKE POINT CIRCLE, MCKINNEY TX 75070
Heinz-werner Hempel	director, 10 percent owner	AM WALL 127 D-281951, BREMEN 2M 00000
Micropac Industries, Inc.	10 percent owner	AM WALL 127 D-281951 1, BREMEN 2M 00000
Patrick Cefalu	officer: CFO	8706 ARBORSIDE, ROWLETT TX 75089
Wood Connie J.	director	877 FM 2948, COMO TX 75431
H. Kent Hearn	director	1409 BRIAR HOLLOW, GARLAND TX 75043

Micropac Industries (Micropac Industries) Headlines

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Micropac Industries: Houston, We Have a Problem

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