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LSL Property Services (LSE:LSL) Momentum Rank : 7 (As of May. 27, 2024)


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What is LSL Property Services Momentum Rank?

LSL Property Services has the Momentum Rank of 7.

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 LSL Property Services's Momentum Rank

For the Real Estate Services subindustry, LSL Property Services'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.


LSL Property Services's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LSL Property Services's Momentum Rank distribution charts can be found below:

* The bar in red indicates where LSL Property Services's Momentum Rank falls into.



LSL Property Services Momentum Rank Related Terms

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LSL Property Services (LSE:LSL) Business Description

Traded in Other Exchanges
Address
Newcastle House, Albany Court, Newcastle Business Park, Newcastle upon Tyne, GBR, NE4 7YB
LSL Property Services PLC provides residential property services to consumers. The Estate Agency and Related Services segment provides services related to the sale and letting of residential properties, Financial Services segment reflects the Financial Services income generated from the Estate Agency segment. The Surveying and Valuation Services segment provides valuations and professional survey services for residential properties. Some of the company offerings include residential sales, lettings, surveying, conveyancing and advice on mortgages and non-investment insurance products. Geographically all the business is operated in the UK and it derives the majority of its revenue from the Estate Agency and Related segment.

LSL Property Services (LSE:LSL) Headlines

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