CVD Equipment (STU:0V3) Momentum Rank : 4 (As of May. 11, 2024)

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What is CVD Equipment Momentum Rank?

CVD Equipment 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 CVD Equipment's Momentum Rank

For the Specialty Industrial Machinery subindustry, CVD Equipment'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.

CVD Equipment's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CVD Equipment's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CVD Equipment's Momentum Rank falls into.

CVD Equipment Momentum Rank Related Terms

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CVD Equipment (STU:0V3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CVD Equipment Corp (STU:0V3) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CVV:USA

Address

355 South Technology Drive, Central Islip, NY, USA, 11722

Website

https://www.cvdequipment.com

CVD Equipment Corp is engaged in the manufacturing of chemical vapor deposition equipment, customized gas control systems, the manufacturing of process equipment suitable for the synthesis of a variety of one-dimensional nanostructures and nanomaterials and a line of furnaces, all of which are used to produce semiconductors and other electronic components. The company operates through the segments of CVD Equipment, CVD materials, and Stainless Design Concepts (SDC). It generates maximum revenue from the CVD Equipment segment. The CVD Equipment segment manufactures and sells chemical vapor deposition, physical vapor transport, and similar equipment.

CVD Equipment (STU:0V3) Headlines

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