NL (NL Industries) Momentum Rank : 3 (As of Dec. 15, 2024)

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What is NL Industries Momentum Rank?

NL Industries 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 NL Industries's Momentum Rank

For the Security & Protection Services subindustry, NL Industries'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.

NL Industries's Momentum Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NL Industries's Momentum Rank distribution charts can be found below:

* The bar in red indicates where NL Industries's Momentum Rank falls into.

NL Industries Momentum Rank Related Terms

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

NL Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NL Industries Inc (NYSE:NL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620

Website

https://www.nl-ind.com

NL Industries Inc operates in the component products industry through its majority-owned subsidiary, CompX International Inc. It manufactures engineered components that are sold to a range of industries, including recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment. CompX has three production facilities in the United States, through which it produces a precision ball bearing slide, security products, and ergonomic computer support systems. The company derives majority of its revenue from Europe.

Executives

Kevin B Kramer	director	C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Erica A. Austin	officer: VP, Employee Benefits	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Kristin B Mccoy	officer: EVP, Tax	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy A. Samford	officer: Executive VP and CFO	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Gouveia Randall Colin	director	2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Michael Shawn Simmons	officer: Executive Vice President	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert	officer: Vice President, Internal Audit	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Amy E. Ruf	officer: Vice President and Controller	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott	officer: Vice President, Tax	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley	officer: Vice President and Treasurer	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Patty S. Brinda	officer: Vice President and Controller	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Patricia A. Kropp	officer: VP Employee Benefits	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Thomas P Stafford	director	C/O WACKENHUT CORP, 4200 WACKENHUT DRIVE #100, PALM BEACH GARDENS FL 33410-4243
Meredith W. Mendes	director	2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Powers John Read Iii	officer: VP and General Counsel	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240