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Safestyle UK (LSE:SFE) Momentum Rank : 0 (As of May. 29, 2024)


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What is Safestyle UK Momentum Rank?

Safestyle UK has the Momentum Rank of 0.

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.

Safestyle UK Momentum Rank Related Terms

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Safestyle UK (LSE:SFE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Safestyle UK PLC (LSE:SFE) » Definitions » Momentum Rank
Comparable Companies
ASX:PL8 ASX:BLX ASX:CSR ASX:MAM ASX:ANN ASX:TIP ASX:OFX ASX:ABC ASX:CXZ ASX:APE TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX
Traded in Other Exchanges
N/A
Address
47 Esplanade, St Helier, JEY, JE1 0BD
Website
https://www.safestyleukplc.co.uk
Safestyle UK PLC is a UK based retailer and manufacturer of PVCu windows and doors to the homeowner replacement market. The company manufactures and installs domestic, double-glazed replacement windows and doors under its EcoDiamond brand. EcoDiamond offers a diverse range of design and material types in its doors and windows. Thermal efficiency and safety form the pivotal features around which Safestyle positions its products.

Safestyle UK (LSE:SFE) Headlines

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