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Veralto (Veralto) Momentum Rank : 0 (As of Jun. 06, 2024)


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What is Veralto Momentum Rank?

Veralto 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.


Veralto Momentum Rank Related Terms

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Veralto (Veralto) Business Description

Traded in Other Exchanges
Address
c/o Danaher Corporation, Suite 800W, 2200 Pennsylvania Avenue, N.W, Washington DC, WA, USA, 20037
Veralto Corp is company which is a global provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment they improve the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment they promote consumer trust in products and help enable product innovation through leading brands including Videojet, Linx, Esko, X-Rite and Pantone.
Executives
Melissa Aquino officer: SVP, Water Quality 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Sameer Ralhan officer: SVP, Chief Financial Officer C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19899
Surekha Trivedi officer: SVP, Strategy & Sustainability C/O VERALTO CORPORATION, 225 WYMAN STREET, SUITE 250, WALTHAM MA 02451
Mattias Bystrom officer: SVP-Prod. Quality & Innovation C/O VERALTO CORPORATION, 225 WYMAN STREET, SUITE 250, WALTHAM MA 02451
Lesley Beneteau officer: SVP, Human Resources C/O VERALTO CORPORATION, 225 WYMAN STREET, SUITE 250, WALTHAM MA 02451
Cindy L. Wallis-lage director C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Bernard M Skeete officer: VP, Chief Accounting Officer C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Sylvia Ann Stein officer: SVP, General Counsel 1500 DEKOVEN AVE., RACINE WI 53403
Shyam Kambeyanda director 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Thomas L Williams director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Heath A Mitts director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Francoise Colpron director SEALED AIR CORPORATION, 2415 CASCADE POINTE BOUVELVARD, CHARLOTTE NC 28208
William King director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
Walter G Lohr director DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
Daniel L Comas director DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006