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Taylor Devices (Taylor Devices) Momentum Rank : 6 (As of Apr. 28, 2024)


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What is Taylor Devices Momentum Rank?

Taylor Devices has the Momentum Rank of 6.

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 Taylor Devices's Momentum Rank

For the Specialty Industrial Machinery subindustry, Taylor Devices'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.


Taylor Devices's Momentum Rank Distribution in the Industrial Products Industry

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

* The bar in red indicates where Taylor Devices's Momentum Rank falls into.



Taylor Devices Momentum Rank Related Terms

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


Taylor Devices (Taylor Devices) Business Description

Traded in Other Exchanges
N/A
Address
90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120
Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.
Executives
Ira Sochet 10 percent owner 24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Timothy John Sopko director, officer: CHIEF EXECUTIVE OFFICER 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Paul Murray Heary officer: Chief Financial Officer TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk director, officer: PRESIDENT 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark director 475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough officer: Chief Financial Officer 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor director, officer: President 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess director 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar director TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill director, officer: Vice President 90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii director PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel director, officer: Secretary
Baird Foundation Cameron 10 percent owner C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202