GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kimball Electronics Inc (NAS:KE) » Definitions » Momentum Rank

Kimball Electronics (Kimball Electronics) Momentum Rank : 5 (As of May. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Kimball Electronics Momentum Rank?

Kimball Electronics 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 Kimball Electronics's Momentum Rank

For the Electrical Equipment & Parts subindustry, Kimball 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.


Kimball Electronics's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kimball Electronics's Momentum Rank distribution charts can be found below:

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



Kimball Electronics Momentum Rank Related Terms

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


Kimball Electronics (Kimball Electronics) Business Description

Traded in Other Exchanges
Address
1205 Kimball Boulevard, Jasper, IN, USA, 47546
Kimball Electronics Inc is a contract electronic manufacturing services company. The company is engaged in producing durable electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services utilize common production and support capabilities. It is also engaged in producing safety-critical electronic assemblies for its automotive customers. Geographically, it derives a majority of revenue from the United States.
Executives
Richard D Phillips officer: CEO 1205 KIMBALL BLVD., JASPER IN 47546
Tom George Vadaketh director 1727 JOCKEYS WAY, YARDLEY PA 19067
Isabel S Wells officer: CIO 1205 KIMBALL BLVD., JASPER IN 47546
Douglas Hass officer: CL&CO, Secretary 1205 KIMBALL BLVD., JASPER IN 47546
John H Kahle officer: VICE PRESIDENT 1205 KIMBALL BLVD., JASPER IN 47546
Adam M Baumann officer: Corporate Controller 1205 KIMBALL BLVD., JASPER IN 47546
Jana T Croom officer: Vice President, Finance 1205 KIMBALL BLVD., JASPER IN 47546
Leroy W Kemper officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Michele Holcomb director 7000 CARDINAL PLACE, DUBLIN OH 43017
Deursen Holly Van director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Robert J Phillippy director
Kathy R Thomson officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Desiree L. Castillejos officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Jessica L Delorenzo officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Repplier Colleen C director 1205 KIMBALL BLVD., JASPER IN 47546

Kimball Electronics (Kimball Electronics) Headlines