Ichor Holdings (LTS:0Z0F) Momentum Rank : 10 (As of May. 05, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Ichor Holdings Momentum Rank?

Ichor Holdings has the Momentum Rank of 10.

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 Ichor Holdings's Momentum Rank

For the Semiconductor Equipment & Materials subindustry, Ichor 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.

Ichor Holdings's Momentum Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ichor Holdings's Momentum Rank distribution charts can be found below:

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

Ichor Holdings Momentum Rank Related Terms

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

Ichor Holdings (LTS:0Z0F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ichor Holdings Ltd (LTS:0Z0F) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

ICHR:USA 4IH:Germany

Address

3185 Laurelview Court, Fremont, CA, USA, 94538

Website

https://www.ichorsystems.com

Ichor Holdings Ltd is engaged in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. The company also manufactures machined components, weldments, and proprietary products for use in fluid delivery systems. Geographically, the company operates in the United States of America, Singapore, Europe, and other countries, of which a majority of the revenue is generated from the United States of America.

Ichor Holdings (LTS:0Z0F) Headlines

No Headlines