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Taylor Wimpey (LSE:TW.) Momentum Rank : 10 (As of Apr. 28, 2024)


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What is Taylor Wimpey Momentum Rank?

Taylor Wimpey has the Momentum Rank of 10.

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 Taylor Wimpey's Momentum Rank

For the Residential Construction subindustry, Taylor Wimpey'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.


Taylor Wimpey's Momentum Rank Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where Taylor Wimpey's Momentum Rank falls into.



Taylor Wimpey Momentum Rank Related Terms

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Taylor Wimpey (LSE:TW.) Business Description

Traded in Other Exchanges
Address
Turnpike Road, Gate House, High Wycombe, Buckinghamshire, GBR, HP12 3NR
Taylor Wimpey is the U.K.'s second-largest residential property developer by revenue—or third-largest as judged by dwelling completions—and was established via the merger of George Wimpey and Taylor Woodrow in 2007. Taylor Wimpey is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain, aligning with the typical business model employed by U.K. homebuilders. The company also has a nascent homebuilding operation in Spain.

Taylor Wimpey (LSE:TW.) Headlines

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