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Griffon (Griffon) Momentum Rank : 6 (As of Apr. 30, 2024)


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What is Griffon Momentum Rank?

Griffon 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 Griffon's Momentum Rank

For the Conglomerates subindustry, Griffon'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.


Griffon's Momentum Rank Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Griffon's Momentum Rank distribution charts can be found below:

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



Griffon Momentum Rank Related Terms

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


Griffon (Griffon) Business Description

Traded in Other Exchanges
Address
712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019
Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products and Home and Building Products. The company generates a majority of its revenue from the Home and Building Products segment.
Executives
Voss Value-oriented Special Situations Fund, Lp director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, L.p. director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, Lp director, other: See Remarks 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Travis W. Cocke director, other: See Remarks 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Advisors Gp, Llc director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Capital, Llc director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Michelle L Taylor director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 10019
Diao H.c. Charles director 1775 TYSONS BOULEVARD, TYSONS VA 22102
Lacy M. Johnson director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Louis J. Grabowsky director 6605 ABERDEEN, DALLAS TX 75230
Henry A Alpert director
Kevin F Sullivan director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Jerome L Coben director 5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Thomas Brosig director C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Seth L. Kaplan officer: Sr VP, Gen. Counsel and Secy 712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019