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Turtle Beach (Turtle Beach) Momentum Rank : 9 (As of May. 03, 2024)


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What is Turtle Beach Momentum Rank?

Turtle Beach 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.


Competitive Comparison of Turtle Beach's Momentum Rank

For the Consumer Electronics subindustry, Turtle Beach'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.


Turtle Beach's Momentum Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Turtle Beach's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Turtle Beach's Momentum Rank falls into.



Turtle Beach Momentum Rank Related Terms

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


Turtle Beach (Turtle Beach) Business Description

Traded in Other Exchanges
Address
44 South Broadway, 4th Floor, White Plains, NY, USA, 10601
Turtle Beach Corp is gaming audio and accessory brand offering a broad selection of gaming headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PC, Mac, and mobile/tablet devices. The company's portfolio includes gaming headsets, PC gaming headsets, PC gaming keyboards, PC gaming mice and other accessories which are distributed internationally in North America, Europe, the Middle East, Africa, Australia, and Asia sold at thousands of storefronts, including retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target and Walmart. Geographically, it generates majority revenue from North America.
Executives
Cris Keirn officer: Interim CEO C/O TURTLE BEACH CORP, 44 SOUTH BROADWAY, 4TH FLOOR, WHITE PLAINS NY 10601
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Terry Jimenez director TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Juergen M. Stark director, officer: See Remarks 100 SUMMIT LAKE DRIVE, SUITE 100, VALHALLA NY 10594
Julia Sze director C/O 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Michelle D Wilson director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Andrew Wolfe director 108 LEEWOOD CT., LOS GATOS CA 95032
William Z Wyatt director 240 26TH STREET, SUITE 3, SANTA MONICA CA 90402
John T Hanson officer: CFO, Treasurer and Secretary 11011 VIA FRONTERA, SUITE A/B, SAN DIEGO CA 92127
Lloyd Gregory Ballard director 2 TOWNSEND ST, #2-1003, SAN FRANCISCO CA 94107
William E Keitel director
Brian Stech director 910 W. LEGACY CENTER WAY, SUITE 500, MIDVALE UT 84047
Yie-hsin Hung director 30 HUDSON STREET, JERSEY CITY NJ 07302
Kelly Ann Thompson director 921 LINCOLN PL, PACIFICA CA 94044
Ronald Doornink director 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405