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X (United States Steel) Momentum Rank : 8 (As of Dec. 14, 2024)


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What is United States Steel Momentum Rank?

United States Steel 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 United States Steel's Momentum Rank

For the Steel subindustry, United States Steel'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.


United States Steel's Momentum Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, United States Steel's Momentum Rank distribution charts can be found below:

* The bar in red indicates where United States Steel's Momentum Rank falls into.



United States Steel Momentum Rank Related Terms

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


United States Steel Business Description

Address
600 Grant Street, Pittsburgh, PA, USA, 15219-2800
United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
Executives
Daniel R Brown officer: SVP Adv. Tech. Steelmaking 600 GRANT STREET, SUITE 1844, C/O UNITED STATES STEEL CORPORATION, PITTSBURGH PA 15219
David B Burritt officer: Exec. VP and CFO 600 GRANT STREET, SUITE 1500, PITTSBURGH PA 15219
Scott D Buckiso officer: VP Euro Solutions & Pres USSK 600 GRANT STREET, PITTSBURGH PA 15219
Kenneth E Jaycox officer: SVP & Chief Comm. Officer 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 15219
James E. Bruno officer: Sr VP, Automotive Solutions 600 GRANT STREET, PITTSBURGH PA 15219
Duane D Holloway officer: SVP, GC, CCO & Corp. Sec C/O UNITED STATES STEEL CORPORATION, 600 GRANT STREET, PITTSBURGH PA 15219
Alicia J. Davis director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Andrea J. Ayers director STANLEY BLACK & DECKER, IN., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Richard Fruehauf officer: Deputy Gen Counsel - Corporate 600 GRANT STREET, PITTSBURGH PA 15219
Jessica Graziano officer: SVP & Chief Financial Officer C/O UNITED RENTALS, INC, 100 FIRST STAMFORD PL, STAMFORD CT 06902
Manpreet Grewal officer: VP, Controller & CAO 600 GRANT STREET, PITTSBURGH PA 15219
Christine S Breves officer: VP & Supply Chain Officer 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Terry L Dunlap director 1000 SIX PPG PLACE, PITTSBURGH PA 15222
Tracy A Atkinson director MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Jeh C. Johnson director 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177