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Two Harbors Investment (Two Harbors Investment) Momentum Rank : 8 (As of Apr. 27, 2024)


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What is Two Harbors Investment Momentum Rank?

Two Harbors Investment 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 Two Harbors Investment's Momentum Rank

For the REIT - Mortgage subindustry, Two Harbors Investment'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.

Two Harbors Investment's Momentum Rank Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Two Harbors Investment's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Two Harbors Investment's Momentum Rank falls into.


Two Harbors Investment Momentum Rank Related Terms

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Two Harbors Investment (Two Harbors Investment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Two Harbors Investment Corp (NYSE:TWO) » Definitions » Momentum Rank
Comparable Companies
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Traded in Other Exchanges
TWOpC.PFD:USA TWOpB.PFD:USA TWOpA.PFD:USA 2H2:Germany
Address
1601 Utica Avenue South, Suite 900, St. Louis Park, MN, USA, 55416
Website
https://www.twoharborsinvestment.com
Two Harbors Investment Corp is a real estate investment trust primarily focused on investing in, financing, and managing residential mortgage-backed securities, or RMBS; residential mortgage loans; mortgage servicing rights; and commercial real estate. The majority of the company's investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. Two Harbors derives nearly all of its revenue in the form of interest income collected from its investments. Most of this income is generated by available-for-sale securities, while residential mortgage loans held for investment in securitization trusts also contribute a sizable amount.
Executives
Nicholas Letica officer: Vice Pres. & Chief Inv. Off. 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Robert Rush officer: Vice President & CRO 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Jason Vinar officer: Vice President & Head of MSR 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Matthew Keen officer: Vice President & CTO 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Alecia Hanson officer: Vice President & CAO 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
William Ross Greenberg officer: Co-Chief Investment Officer 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Mary Kathryn Riskey officer: Chief Accounting Officer 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Rebecca B Sandberg officer: General Counsel and Secretary 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
David B Hughes other: EVP Servicing Ops RoundPoint 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Nathan Boucher other: EVP General Counsel RoundPoint 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Spencer Abraham director 600 14TH STREET, NW, SUITE 500, WASHINGTON DC 20005
James J Bender director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Stephen G Kasnet director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Matthew Koeppen officer: Co-Chief Investment Officer 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Thomas Siering director, officer: Chief Executive Officer & Pres TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305