Centrus Energy (STU:4CU) Momentum Rank : 3 (As of May. 17, 2024)

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What is Centrus Energy Momentum Rank?

Centrus Energy has the Momentum Rank of 3.

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 Centrus Energy's Momentum Rank

For the Uranium subindustry, Centrus Energy'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.

Centrus Energy's Momentum Rank Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Centrus Energy's Momentum Rank distribution charts can be found below:

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

Centrus Energy Momentum Rank Related Terms

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Centrus Energy (STU:4CU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Centrus Energy Corp (STU:4CU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

LEU:USA 4CU:Germany

Address

6901 Rockledge Drive, Suite 800, Bethesda, MD, USA, 20817

Website

https://www.centrusenergy.com

Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides advanced engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue gets derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.

Centrus Energy (STU:4CU) Headlines

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