AdvanSix (AdvanSix) Momentum Rank : 5 (As of May. 07, 2024)

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What is AdvanSix Momentum Rank?

AdvanSix 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 AdvanSix's Momentum Rank

For the Chemicals subindustry, AdvanSix'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.

AdvanSix's Momentum Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AdvanSix's Momentum Rank distribution charts can be found below:

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

AdvanSix Momentum Rank Related Terms

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

AdvanSix (AdvanSix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AdvanSix Inc (NYSE:ASIX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

960:Germany

Address

300 Kimball Drive, Suite 101, Parsippany, NJ, USA, 07054

Website

https://www.advansix.com

AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin and fertilizers. Nylon 6 is a synthetic material used by customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of its revenue from the United States region.

Executives

Achilles B. Kintiroglou	officer: SVP, General Counsel	300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Christopher Gramm	officer: Controller	300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Michael Marberry	director	3050 SPRUCE STREET, ST. LOUIS MO 63103
Farha Aslam	director	1770 N PROMOTORY CIRCLE, GREELEY CO 80634
Gena C Lovett	director	11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Willem L. Blindenbach	officer: VP, Integrated Supply Chain	300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Kelly Slieter	officer: SVP, Chief HR Officer	300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NY 07054
Todd D. Karran	director	300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Erin N Kane	director, officer: Chief Executive Officer	300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Sharon Spurlin	director	333 CLAY ST, SUITE 1600, HOUSTON TX 77002
Patrick Williams	director	8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Daniel F Sansone	director	VULCAN MATERIALS COMPANY, 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Michael Preston	officer: SVP & Chief Financial Officer	300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
Jonathan Bellamy	officer: SVP & Chief HR Officer	300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054
John M Quitmeyer	officer: SVP, Gen Counsel & Corp Secy	300 KIMBALL DRIVE, SUITE 101, C/O LEGAL DEPT., PARSIPPANY NJ 07054