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Century Communities (STU:CCT) Momentum Rank : 8 (As of Jun. 23, 2024)


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What is Century Communities Momentum Rank?

Century Communities 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 Century Communities's Momentum Rank

For the Residential Construction subindustry, Century Communities'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.

Century Communities's Momentum Rank Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Century Communities's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Century Communities's Momentum Rank falls into.


Century Communities Momentum Rank Related Terms

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

Century Communities (STU:CCT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Century Communities Inc (STU:CCT) » Definitions » Momentum Rank
Comparable Companies
LGIH DFH CVCO GRBK MHO TPH MDC IBP BZH SKY DHI LEN NVR PHM TSE:1928 TOL LSE:BKG LSE:BDEV TSE:1911 LSE:TW.
Traded in Other Exchanges
CCS:USA
Address
8390 East Crescent Parkway, Suite 650, Greenwood Village, CO, USA, 80111
Website
https://www.centurycommunities.com
Century Communities Inc is a construction company that focuses on the residential market. It has five homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete. Its sixth reportable segment is financial services operations, which provides mortgage, title, and insurance services to homebuyers. It has acquired land for homebuilding operations with the primary intent to develop and construct single-family detached or attached homes for sale on the acquired land. The company sells homes through its own sales representatives and independent real estate brokers. It also advertises directly to potential homebuyers through the Internet, newspapers, and trade publications. The company generates the most revenue from the Mountain segment.