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Haynes International (Haynes International) Momentum Rank : 10 (As of Apr. 29, 2024)


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What is Haynes International Momentum Rank?

Haynes International 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 Haynes International's Momentum Rank

For the Metal Fabrication subindustry, Haynes International'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.


Haynes International's Momentum Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haynes International's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Haynes International's Momentum Rank falls into.



Haynes International Momentum Rank Related Terms

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


Haynes International (Haynes International) Business Description

Traded in Other Exchanges
Address
1020 West Park Avenue, Kokomo, IN, USA, 46904-9013
Haynes International Inc is a producer of high-performance nickel and cobalt-based alloys. The company is focused on developing, manufacturing, marketing, and distributing technology and high-performance alloys. The company operates in a single segment: the design, manufacture, marketing, and distribution of technologically advanced, high-performance alloys for use in the aerospace, industrial gas turbine, chemical processing, and other industries Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, China, and other countries.
Executives
Lee M Pike officer: VP - Research and Technology 1020 WEST PARK AVENUE, KOKOMO IN 46904
Susan Perry officer: VP, HUMAN RESOURCES 1020 WEST PARK AVENUE, KOKOMO IN 46904
Brian R Shelton director 67 GLENMOOR DRIVE, ENGLEWOOD CO 80113
Alicia B Masse director 1020 WEST PARK AVENUE, PO BOX 9013, KOKOMO IN 46904-9013
Scott R Pinkham officer: V.P. - Manufacturing Planning 1020 WEST PARK AVENUE, KOKOMO IN 46904
Losch Marlin C Iii officer: V.P. - International Sales 14634 BEACON BOULEVARD, CARMEL IN 46032
Van Bibber David Sean officer: Controller, Chief Acctng Oficr C/O HAYNES INTERNATIONAL, INC., 1020 WEST PARK AVE., P.O. BOX 9013, KOKOMO IN 46904
Angela Kohlheim officer: General Counsel 1020 WEST PARK AVENUE, P.O. BOX 9013, KOKOMO IN 46904-9013
Venkat Ishwar officer: VP - Technology 1020 WEST PARK AVENUE, KOKOMO IN 46904
Donald C Campion director 3747 LOCH BEND DR., COMMERCE MI 48382
Michael L Shor director, officer: President and CEO CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
David L Strobel officer: VP Operations C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Janice Catherine Wilken officer: VP-General Counsel & Secretary 1020 W. PARK AVENUE, P.O. BOX 9013, KOKOMO IN 46904-9013
Robert Getz director 830 THIRD AVENUE, 9TH FLOOR, NEW YORK NY 10022
Larry O Spencer director 2000 N M-63, BENTON HARBOR MI 49022