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Transocean (Transocean) Momentum Rank

: 5 (As of Today)
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Transocean has the Momentum Rank of 5.

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

For the Oil & Gas Drilling subindustry, Transocean'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.


Transocean Momentum Rank Distribution

For the Oil & Gas industry and Energy sector, Transocean's Momentum Rank distribution charts can be found below:

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



Transocean Momentum Rank Related Terms

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


Transocean (Transocean) Business Description

Traded in Other Exchanges
Address
Turmstrasse 30, Steinhausen, CHE, 6312
Transocean Ltd. is a international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment and work crews to drill oil and gas wells.
Executives
David A Tonnel officer: SVP and Corporate Controller 4 GREENWAY PLAZA, HOUSTON TX 77046
Mark-anthony Lovell Mey officer: EVP & CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Dell'osso Domenic J Jr director 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Chad C Deaton director 12001 N HOUSTON ROSSLYN, HOUSTON TX 77086
Keelan Adamson officer: President & COO 4 GREENWAY PLAZA, HOUSTON TX 77046
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Frederik Wilhelm Mohn director TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Erestroika director TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Jeremy D Thigpen director, officer: CEO
Howard E Davis officer: EVP, CAO & CIO 4 GREENWAY PLAZA, HOUSTON TX 77046
Brady K Long officer: EVP & General Counsel 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
De Saint Victor Diane director TURMSTRASSE 30, STEINHAUSEN V8 6312
Margareth Oevrum director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Edward R Muller director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Vincent J Intrieri director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160