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Genie Energy (Genie Energy) Momentum Rank : 1 (As of May. 10, 2024)


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What is Genie Energy Momentum Rank?

Genie Energy has the Momentum Rank of 1.

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 Genie Energy's Momentum Rank

For the Utilities - Regulated Electric subindustry, Genie 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.


Genie Energy's Momentum Rank Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Genie Energy's Momentum Rank distribution charts can be found below:

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



Genie Energy Momentum Rank Related Terms

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


Genie Energy (Genie Energy) Business Description

Traded in Other Exchanges
Address
520 Broad Street, Newark, NJ, USA, 07102
Genie Energy, through its subsidiaries, operates primarily as a global retail energy provider. It operates two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management.
Executives
Alan B Rosenthal director C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
Joyce J Mason director IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Avi Goldin officer: CFO and Treasurer C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
James A Courter director IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas director, 10 percent owner, officer: Chairman of the Board
Michael C Jonas officer: Executive Vice President C/O GENIE ENERGY LTD., 550 BROAD STREET, NEWARK NJ 07102
Michael M Stein officer: Executive Vice President 550 BROAD STREET, 17TH FLOOR, NEWARK NJ 07102
Irwin Katsof director C/O CTM MEDIA HOLDINGS, INC., 11 LARGO DRIVE SOUTH, STAMFORD CT 06907
Claude Pupkin officer: CEO & President IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Ira A Greenstein officer: President IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Idt Corp 10 percent owner 520 BROAD STREET, NEWARK NJ 07102
William Wesley Perry director
Allan Sass director C/O GENIE ENERGY LTD., 520 BROAD STREET, NEWARK NJ 07102
Geoffrey Rochwarger officer: Vice Chairman IDT CORP, 520 BROAD STREET, NEWARK NJ 07102