FRD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
FRD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Friedman Industries has the Momentum Rank of 9.
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.
For the Steel subindustry, Friedman Industries'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.
For the Steel industry and Basic Materials sector, Friedman Industries's Momentum Rank distribution charts can be found below:
* The bar in red indicates where Friedman Industries's Momentum Rank falls into.
Thank you for viewing the detailed overview of Friedman Industries's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.
Max Alan Reichenthal | director | 865 LOCKWOOD DRIVE, HOUSTON TX 77020 |
Joel Spira | director | THREE GREENWAY PLAZA, SUITE 1750, HOUSTON TX 77046 |
Mike J Taylor | director | P.O. BOX 2192, LONGVIEW TX 75606 |
Sharon L Taylor | director | 4200 B STONE RD, KILGORE TX 75662 |
Alex Larue | officer: VP - Secretary & Treasurer | 7 PEBBLE CREEK DRIVE NORTH, LONGVIEW TX 75605 |
Durga D Agrawal | director | 2921 UNIVERSITY BLVD, HOUSTON TX 77005 |
Sandra Kay Scott | director | 11503 BISTRO LANE, HOUSTON TX 77082 |
Joe L Williams | director | P.O. BOX 1587, HOUSTON TX 77251 |
Tim Scott Stevenson | director | PO BOX 2192, LONGVIEW TX 75606 |
Robert Sparkman | officer: President & COO | P.O. BOX 2192, LONGVIEW TX 75605 |
Charles W Hall | director | 1301 MCKINNEY STE 5100, HOUSTON TX 77010 |
Benny Harper | officer: Sr. VP-Finance | 1301 MCKINNEY STE 5100, HOUSTON TX 77010 |
William E Crow | director, officer: President and CEO | P.O. BOX 1587, HOUSTON TX 77251 |
Hershel M Rich | director | P.O. BOX 1587, HOUSTON TX 77251 |
Harold Friedman | director, 10 percent owner, officer: Vice Chairman of the Board | 4001 HOMESTEAD ROAF, HOUSTON TX 77028 |
From GuruFocus
By [email protected] insider • 02-26-2020
By Praveen Chawla Praveen Chawla • 05-25-2021
By Marketwired Marketwired • 08-31-2018
By GuruFocus Research GuruFocus Editor • 07-13-2021
By Marketwired Marketwired • 03-20-2019
By GuruFocus Research GuruFocus Editor • 12-02-2020
By Marketwired Marketwired • 06-07-2018
By Marketwired Marketwired • 09-18-2019
By Marketwired Marketwired • 03-27-2020
By Marketwired Marketwired • 06-26-2020
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.