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Unitil (Unitil) Momentum Rank : 5 (As of Apr. 27, 2024)


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What is Unitil Momentum Rank?

Unitil has the Momentum Rank of 5.

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 Unitil's Momentum Rank

For the Utilities - Diversified subindustry, Unitil'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.


Unitil's Momentum Rank Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Unitil's Momentum Rank distribution charts can be found below:

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



Unitil Momentum Rank Related Terms

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


Unitil (Unitil) Business Description

Traded in Other Exchanges
N/A
Address
6 Liberty Lane West, Hampton, NH, USA, 03842-1720
Unitil Corp is a holding company, through its subsidiaries it is engaged in the local distribution of electricity and natural gas throughout its service territories in the states of New Hampshire, Massachusetts, and Maine. It reports three segments namely utility gas operations, utility electric operations, and non-regulated.
Executives
Todd R Diggins officer: Controller and CAO 6 LIBERTY LANE WEST, HAMPTON NH 03842
Anne L. Alonzo director 601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Neveen F Awad director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Justin Eisfeller officer: VP, IT & CTO 6 LIBERTY LANE WEST, HAMPTON NH 03842
Todd R Black officer: SR. VICE PRESIDENT 6 LIBERTY LANE WEST, HAMPTON NH 03842
Robert B Hevert officer: Senior Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Meissner Thomas P Jr officer: Sr. Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Daniel J Hurstak officer: Controller 6 LIBERTY LANE WEST, HAMPTON NH 03842
Winfield S Brown director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Justine Vogel director 6 LIBERTY LANE WEST, HAMPTON NH 03857
Suzanne Foster director 6 LIBERTY LANE WEST, HAMPTON NH 03842
Christine L Vaughan officer: SVP, Fin. & Regulatory Svcs 6 LIBERTY LANE WEST, HAMPTON NH 03842
Christopher J Leblanc officer: Vice President 6 LIBERTY LANE WEST, HAMPTON NH 03842
Elfner Albert H Iii director 6 LIBERTY LANE WEST, HAMPTON NH 03842
David P Brownell director 6 LIBERTY LANE WEST, HAMPTON NH 03842

Unitil (Unitil) Headlines

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