GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mountview Estates PLC (LSE:MTVW) » Definitions » Momentum Rank

Mountview Estates (LSE:MTVW) Momentum Rank : 2 (As of May. 27, 2024)


View and export this data going back to 1960. Start your Free Trial

What is Mountview Estates Momentum Rank?

Mountview Estates has the Momentum Rank of 2.

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 Mountview Estates's Momentum Rank

For the Real Estate Services subindustry, Mountview Estates'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.


Mountview Estates's Momentum Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mountview Estates's Momentum Rank distribution charts can be found below:

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



Mountview Estates Momentum Rank Related Terms

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


Mountview Estates (LSE:MTVW) Business Description

Traded in Other Exchanges
Address
151 High Street, Mountview House, Southgate, London, GBR, N14 6EW
Mountview Estates PLC is a property trading company. The company owns and acquires tenanted residential property throughout the United Kingdom and sells such property when it becomes vacant. Its operating segment includes Property Trading and Property Investment. The company derives maximum revenue from the Property Trading segment. It generates revenue from sales of properties, and rental income from properties held as trading stock, investment, and others.

Mountview Estates (LSE:MTVW) Headlines

No Headlines