Travis Perkins (Travis Perkins) Momentum Rank : 4 (As of May. 07, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Travis Perkins Momentum Rank?

Travis Perkins has the Momentum Rank of 4.

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 Travis Perkins's Momentum Rank

For the Building Products & Equipment subindustry, Travis Perkins'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.

Travis Perkins's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Travis Perkins's Momentum Rank distribution charts can be found below:

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

Travis Perkins Momentum Rank Related Terms

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

Travis Perkins (Travis Perkins) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Travis Perkins PLC (OTCPK:TVPKF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TPRKY:USA TPKl:UK TPK:UK LFPB:Germany

Address

Lodge Farm Industrial Estate, Ryehill House, Rye Hill Close, Northampton, GBR, NN5 7UA

Website

https://www.travisperkinsplc.co.uk

Travis Perkins PLC makes and sells products to the construction and home improvement industries in the United Kingdom. The company organizes itself in two segments: merchanting, which serves large trade customers with specialized needs; Toolstation, which provides power tools, hand tools, and electronic equipment to small trade builders and individuals. The largest portion of revenue comes from the merchanting segment, and the majority of company sales are made by delivery.

Travis Perkins (Travis Perkins) Headlines

From GuruFocus

Travis Perkins Plc to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 18 November 2020

By PRNewswire PRNewswire • 11-17-2020

Travis Perkins Plc to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 12 May 2021

By PRNewswire PRNewswire • 05-10-2021

Travis Perkins PLC (TPRKY): A Detailed Analysis of Its Dividend Performance

By GuruFocus Research • 10-05-2023

David Herro Comments on Travis Perkins

By Holly LaFon Holly LaFon • 01-10-2017