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TransDigm Group (TransDigm Group) Momentum Rank

: 9 (As of Today)
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TransDigm Group has the Momentum Rank of 9.

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 Aerospace & Defense subindustry, TransDigm Group'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.


TransDigm Group Momentum Rank Distribution

For the Aerospace & Defense industry and Industrials sector, TransDigm Group's Momentum Rank distribution charts can be found below:

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



TransDigm Group Momentum Rank Related Terms

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TransDigm Group (TransDigm Group) Business Description

Traded in Other Exchanges
Address
1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114
TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.
Executives
Joel Reiss officer: Executive Vice President 1301 E. 9TH STREET, SUITE 3000, CLEVELAND OH 44114
W Nicholas Howley officer: Chief Executive Officer C/O TRANSDIGM INC., 1301 EAST NINTH STREET, SUITE 3710, CLEVELAND OH 44114
Michael Lisman officer: Chief Financial Officer 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Robert J Small director
Sean P Hennessy director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115
Jorge Valladares officer: Pres., Adel Wiggins Group ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022
Sarah Wynne officer: Corporate Accounting Officer 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Kevin M Stein officer: COO - Power TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Jessica L Warren officer: GC, CCO, Secretary 1301 EAST NINTH STREET, SUITE 3000, CLEVELAND OH 44114
Mervin Dunn director COMMERCIAL VEHICLE GROUP, INC., 6530 WEST CAMPUS WAY, NEW ALBANY OH 43054
John Staer director C.F.MOLLERS ALLE 16, 8TV, 2300 COPENHAGEN S G7 DK
Jane M. Cronin director 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Raymond F Laubenthal officer: President and COO TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3710, CLEVELAND OH 44114
Robert S Henderson officer: Exec.V.P. & Pres., AdelWiggins ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022
Halle Fine Terrion officer: GC, CCO, Secretary 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114

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