US Silica Holdings (FRA:USI) Momentum Rank : 7 (As of May. 03, 2024)

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What is US Silica Holdings Momentum Rank?

US Silica Holdings has the Momentum Rank of 7.

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 US Silica Holdings's Momentum Rank

For the Oil & Gas Equipment & Services subindustry, US Silica Holdings'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.

US Silica Holdings's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, US Silica Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where US Silica Holdings's Momentum Rank falls into.

US Silica Holdings Momentum Rank Related Terms

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US Silica Holdings (FRA:USI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » US Silica Holdings Inc (FRA:USI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SLCA:USA

Address

24275 Katy Freeway, Suite 600, Katy, TX, USA, 77494

Website

https://www.ussilica.com

US Silica Holdings Inc is the supplier of sand used in the hydraulic fracturing of oil and gas wells. The company delivers sand in basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.

US Silica Holdings (FRA:USI) Headlines

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