Treasury Wine Estates (Treasury Wine Estates) Momentum Rank : 4 (As of Apr. 28, 2024)

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What is Treasury Wine Estates Momentum Rank?

Treasury Wine Estates 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 Treasury Wine Estates's Momentum Rank

For the Beverages - Wineries & Distilleries subindustry, Treasury Wine Estates'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.

Treasury Wine Estates's Momentum Rank Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Treasury Wine Estates's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Treasury Wine Estates's Momentum Rank falls into.

Treasury Wine Estates Momentum Rank Related Terms

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Treasury Wine Estates (Treasury Wine Estates) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Treasury Wine Estates Ltd (OTCPK:TSRYY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

TSRYF:USA T7W:Germany TWE:Australia

Address

161 Collins Street, Level 8, Melbourne, VIC, AUS, 3000

Website

https://www.tweglobal.com

Treasury Wine Estates is an Australia-based global wine company that demerged from Foster's Group in 2011. The company is among the world's top five wine producers, and owns a portfolio that includes Australian labels such as Penfolds and Wolf Blass, U.S. wines like Chateau St Jean and Sterling, and newly launched names such as 19 Crimes and Maison de Grand Esprit. An acquisition of Diageo's wine business in 2016 added additional U.S. brands including BV and Stags' Leap. Treasury owns over 130 wineries, with more than 13,000 planted hectares.

Treasury Wine Estates (Treasury Wine Estates) Headlines

From GuruFocus

Treasury Wine Estates Works to Integrate Diageo's Wine Unit

By Holmes Osborne, CFA Holmes Osborne, CFA • 08-23-2016

David Herro Comments on Treasury Wine Estates

By Holly LaFon Holly LaFon • 01-11-2016

David Herro's Oakmark Intl Small Cap Fund Comments on Treasury Wine Estates

By Vera Yuan Vera Yuan • 07-10-2014

David Herro's Oakmark International Small Cap Fund 4th Quarter Commentary

By Holly LaFon Holly LaFon • 01-08-2016

Treasury Wine Estates Won't Stay Down Forever

By Holmes Osborne, CFA Holmes Osborne, CFA • 05-14-2021

David Herro's Oakmark International Small Cap Fund's Second Quarter 2014 Letter

By Vera Yuan Vera Yuan • 07-10-2014

Treasury Wine Estates Growing With Global Wine Interest

By Holmes Osborne, CFA Holmes Osborne, CFA • 04-26-2019

EQUITY ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Continues Investigation of Securities Claims Against Treasury Wine Estates Limited – TSRYY & TSRYF

By Marketwired Marketwired • 06-26-2020