Triumph Group (FRA:TG7) Momentum Rank : 10 (As of May. 19, 2024)

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What is Triumph Group Momentum Rank?

Triumph Group 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 Triumph Group's Momentum Rank

For the Aerospace & Defense subindustry, Triumph Group'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.

Triumph Group's Momentum Rank Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Triumph Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Triumph Group's Momentum Rank falls into.

Triumph Group Momentum Rank Related Terms

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Triumph Group (FRA:TG7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Triumph Group Inc (FRA:TG7) » Definitions » Momentum Rank

Comparable Companies

EH VSEC ACHR RGR KAMN DCO CDRE SWBI EVEX NPK GE RTX XPAR:AIR LMT BA XPAR:SAF GD NOC TDG LSE:BA.

Traded in Other Exchanges

TGI:USA

Address

555 E Lancaster Avenue, Suite 400, Radnor, PA, USA, 19087

Website

https://www.triumphgroup.com

Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a worldwide customer base of players in the commercial, business, and military markets. The company operates under two operating segments: Systems and Support, which designs, develops, and supports proprietary components; and Interiors, which supplies commercial and regional manufacturers with aircraft interior systems.

Triumph Group (FRA:TG7) Headlines

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