Galliford Try Holdings (LSE:GFRD) Momentum Rank : 3 (As of Dec. 13, 2024)

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What is Galliford Try Holdings Momentum Rank?

Galliford Try Holdings has the Momentum Rank of 3.

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 Galliford Try Holdings's Momentum Rank

For the Engineering & Construction subindustry, Galliford Try 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.

Galliford Try Holdings's Momentum Rank Distribution in the Construction Industry

For the Construction industry and Industrials sector, Galliford Try Holdings's Momentum Rank distribution charts can be found below:

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

Galliford Try Holdings Momentum Rank Related Terms

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Galliford Try Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Galliford Try Holdings PLC (LSE:GFRD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GFRDl:UK 3WC:Germany 3WC:Germany

Address

Blake House, 3 Frayswater Place, Cowley, Uxbridge, Middlesex, GBR, UB8 2AD

Website

https://www.gallifordtry.co.uk

Galliford Try Holdings PLC is a British construction company operating solely in the United Kingdom. The company's operating segments are building, PPP Investments and infrastructure. It funds projects through PPP Investments and provides facilities management for its constructed buildings. It generates majority of its revenue from the building segment. The company construction business predominantly works in the public and regulated sectors as well as with private companies. These sectors include health, education, and defense. Within its infrastructure business, it works on road, rail, airport, water, and flood alleviation projects. The company enter into five different types of contracts with clients: fixed-price, cost-plus, target cost, frameworks, and long-term private finance.

Galliford Try Holdings Headlines

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