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El Paso Electric Co (El Paso Electric Co) Momentum Rank : 0 (As of Apr. 27, 2024)


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What is El Paso Electric Co Momentum Rank?

El Paso Electric Co 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.


El Paso Electric Co Momentum Rank Related Terms

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El Paso Electric Co (El Paso Electric Co) Business Description

Traded in Other Exchanges
N/A
Address
100 North Stanton, Stanton Tower, El Paso, TX, USA, 79901
El Paso Electric Co is a Texas-based public utility company engaged in the generation, transmission, and distribution of electricity in the Southwestern U.S. The company principally serves retail customers in the El Paso, Texas and Las Cruces, New Mexico markets through its portfolio of nuclear, natural gas, coal, solar, and wind power plants. The vast majority of the total power produced by El Paso Electric is derived from its nuclear and natural gas facilities. The company generates most of its revenue from the production and sale of energy. Distribution service fees also represent a significant income stream. El Paso Electric primarily serves residential and small industrial customers, but also participates in wholesale transactions with local military installations and universities.
Executives
James W Cicconi director 208 S. AKARD ST., DALLAS TX 75202
Charles Yamarone director 123 W MILLS, EL PASO TX 79901
Eric B Siegel director 123 W MILLS, EL PASO TX 79901
Stephen Wertheimer director 123 W MILLS, EL PASO TX 79901
Paul M Barbas director C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Catherine A Allen director 5 SAN SEBASTIAN ROAD, SANTA FE NM 87505
William Stiller officer: SVP & Chief HRO 1601 W. LBJ FREEWAY, DALLAS TX 75234
Woody L Hunt director 4401 NORTH MESA, EL PASO TX 79902
Shockley Thomas V Iii director 602 CIMARRON HILLS TRAIL WEST, GEORGETOWN TX 78628
Michael K Parks director 123 W MILLS, EL PASO TX 79901
Steven P Busser officer: VP-TREASURER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Kenneth Heitz director 123 W MILLS, EL PASO TX 79901
Edwards George W Jr director 123 W MILLS, EL PASO TX 79901
Redd Ershel C Jr officer: President and CEO C/O EL PASO ELECTRIC COMPANY, 100 N. STANTON, EL PASO TX 79901
Terry D Bassham officer: Exec VP & Chief Fin & Admin COMMERCE BANK, PO BOX 419248, KANSAS CITY MO 64141-6248

El Paso Electric Co (El Paso Electric Co) Headlines

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