Landsea Homes (Landsea Homes) Momentum Rank : 9 (As of May. 16, 2024)

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What is Landsea Homes Momentum Rank?

Landsea Homes 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 Landsea Homes's Momentum Rank

For the Real Estate - Development subindustry, Landsea Homes'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.

Landsea Homes's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Landsea Homes's Momentum Rank distribution charts can be found below:

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

Landsea Homes Momentum Rank Related Terms

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Landsea Homes (Landsea Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (NAS:LSEAW) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

LSEA:USA 8HJ:Germany

Address

660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660

Website

https://www.landseahomes.com

Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.