Baker Hughes Co (Baker Hughes Co) Momentum Rank : 7 (As of Apr. 27, 2024)

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What is Baker Hughes Co Momentum Rank?

Baker Hughes Co 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 Baker Hughes Co's Momentum Rank

For the Oil & Gas Equipment & Services subindustry, Baker Hughes Co'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.

Baker Hughes Co's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baker Hughes Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Baker Hughes Co's Momentum Rank falls into.

Baker Hughes Co Momentum Rank Related Terms

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Baker Hughes Co (Baker Hughes Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baker Hughes Co (NAS:BKR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BKR:Mexico 68V:Germany 68V:Germany 68V:Germany B1KR34:Brazil BKR:Austria

Address

17021 Aldine Westfield Road, Houston, TX, USA, 77073-5101

Website

https://www.bakerhughes.com

Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

Executives

Maria C Borras	officer: EVP, Oilfield Services & Equip	2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Regina Jones	officer: Chief Legal Officer	7102 COMMERCE WAY, BRENTWOOD TN 37027
Lorenzo Simonelli	director, officer: Chairman, President and CEO	17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
James E Apostolides	officer: SVP, Enterprise Op Excellence	17021 ALDINE WESTFIELD RD, HOUSTON TX 77073
Rebecca L Charlton	officer: SVP, Controller & CAO	17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
Nelda J Connors	director	BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Mohsen Sohi	director	C/O STERIS CORPORATION, 5960 HEISLEY ROAD, MENTOR OH 44060
Michael R Dumais	director	870 WINTER STREET, WALTHAM MA 02451
William G Beattie	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
John G Rice	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Lynn Laverty Elsenhans	director	6400 POPLAR AVENUE, MEMPHIS TN 38197
Cynthia B Carroll	director	C/O ALCAN INC., 1188 SHERBROOKE STREET WEST, MONTREAL A8 H3A 3G2
Gregory D Brenneman	director
Kurt Camilleri	officer: SVP/Controller/Chief Acctg Off	17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
Sreeganesh Ramaswamy	officer: EVP, Industrial & Energy Tech	5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209