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UWM Holdings (UWM Holdings) Momentum Rank : 8 (As of May. 13, 2024)


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What is UWM Holdings Momentum Rank?

UWM Holdings has the Momentum Rank of 8.

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 UWM Holdings's Momentum Rank

For the Mortgage Finance subindustry, UWM Holdings'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.


UWM Holdings's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, UWM Holdings's Momentum Rank distribution charts can be found below:

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



UWM Holdings Momentum Rank Related Terms

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


UWM Holdings (UWM Holdings) Business Description

Traded in Other Exchanges
N/A
Address
585 South Boulevard East, Pontiac, MI, USA, 48341
UWM Holdings Corp engages in the origination, sale and servicing of residential mortgage loans. The company provides independent mortgage advisors across the states and the district of Columbia.
Executives
Robert Verdun director C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Stacey Coopes director C/O UWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Kelly Czubak director C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Alex Elezaj director, officer: EVP, Chief Strategy Officer C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Laura Lawson director, officer: EVP, Chief People Officer C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Andrew Hubacker officer: CAO C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Tim Forrester officer: EVP and CFO C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Melinda Wilner director, officer: EVP, COO C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Ishbia Mat director, 10 percent owner, officer: President and CEO C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Sfs Holding Corp director, 10 percent owner 585 SOUTH BLVD E, PONTIAC MI 48341
Justin Ishbia director C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Jeff Ishbia director, 10 percent owner C/OUWM HOLDINGS CORPORATION, 585 SOUTH BLVD E, PONTIAC MI 48341
Isiah Iii Thomas director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Jeffrey Gene Rea director C/O STOCK BUILDING SUPPLY HOLDINGS, INC., 8020 ARCO CORPORATE DRIVE, SUITE 400, RALEIGH NC 27617
Gores Sponsor Iv Llc director, 10 percent owner 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212

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