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Richardson Electronics (Richardson Electronics) Momentum Rank : 4 (As of Apr. 27, 2024)


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What is Richardson Electronics Momentum Rank?

Richardson Electronics 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 Richardson Electronics's Momentum Rank

For the Electronic Components subindustry, Richardson Electronics'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.


Richardson Electronics's Momentum Rank Distribution in the Hardware Industry

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

* The bar in red indicates where Richardson Electronics's Momentum Rank falls into.



Richardson Electronics Momentum Rank Related Terms

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


Richardson Electronics (Richardson Electronics) Business Description

Traded in Other Exchanges
Address
40W267 Keslinger Road, P.O. Box 393, LaFox, IL, USA, 60147-0393
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.
Executives
Robert H Kluge director C/O RICHARDSON ELECTRONICS, LTD., 40W267 KESLINGER ROAD P.O. BOX 393, LAFOX IL 60147
Kathleen Mcnally officer: Sr. VP Global Supply Chain C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147-0393
Wendy Diddell officer: EVP Corporate Development C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Gregory J Peloquin officer: EVP, EDG 40W267 KESLINGER RD, P O BOX 393, LAFOX IL 60147-0393
Paul J Plante director C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER RD., LAFOX IL 60147
Jacques Belin director 40W267 KESLINGER RD., LAFOX IL 60147
James Benham director 40W267 KESLINGER RD., LAFOX IL 60147
Kenneth Halverson director 40W267 KESLINGER RD., LAFOX IL 60147
Jens Frank Ruppert officer: EVP Canvys 40W267 KESLINGER ROAD, P.O. BOX 393, LAFOX IL 60147
Robert J Ben officer: CFO, CAO, Corporate Secretary 40W267 KESLINGER ROAD PO BOX 393, LAFOX IL 60147
Fitzgerald Patrick Thomas Iii officer: EVP Healthcare 40W267 KESLINGER ROAD, P.O. BOX 393, LAFOX IL 60147
James Dudek officer: Controller & Chief Accounting C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Kathleen S Dvorak officer: EVP & CFO C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Edward J Richardson director, 10 percent owner, officer: Chairman & CEO C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Sandeep Beotra officer: EVP Mergers & Acquisitions 40W267 KESLINGER RD., LAFOX IL 60147