Bellway (Bellway) Momentum Rank : 10 (As of Apr. 28, 2024)

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What is Bellway Momentum Rank?

Bellway has the Momentum Rank of 10.

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 Bellway's Momentum Rank

For the Residential Construction subindustry, Bellway'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.

Bellway's Momentum Rank Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Bellway's Momentum Rank distribution charts can be found below:

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

Bellway Momentum Rank Related Terms

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Bellway (Bellway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Bellway PLC (OTCPK:BLWYF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BWYl:UK BWY:UK 41B:Germany

Address

Woolsington House, Woolsington, Newcastle upon Tyne, GBR, NE13 8BF

Website

https://www.bellwayplc.co.uk

Bellway is the U.K.'s fourth-largest residential property developer in terms of both revenue and dwelling completions. Bellway's vertical integration through the land development, construction, and sales and marketing segments of the residential property development value chain aligns with the typical business model employed by homebuilders in the U.K. market.

Bellway (Bellway) Headlines

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