GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » MDU Resources Group Inc (NYSE:MDU) » Definitions » Momentum Rank

MDU Resources Group (MDU Resources Group) Momentum Rank : 10 (As of Apr. 28, 2024)


View and export this data going back to 1948. Start your Free Trial

What is MDU Resources Group Momentum Rank?

MDU Resources Group 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 MDU Resources Group's Momentum Rank

For the Conglomerates subindustry, MDU Resources 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.


MDU Resources Group's Momentum Rank Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, MDU Resources Group's Momentum Rank distribution charts can be found below:

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



MDU Resources Group Momentum Rank Related Terms

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


MDU Resources Group (MDU Resources Group) Business Description

Traded in Other Exchanges
Address
1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650
MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.
Executives
Rob L. Johnson officer: President-WBI Holdings 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Paul R. Sanderson officer: VP, CLO & Secretary 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
James H. Gemmel director C/O CORVEX MANAGEMENT LP, 667 MADISON AVENUE, NEW YORK NY 10065
Brian R. Gray officer: President & CEO-Knife River 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
German Carmona-alvarez director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Thomas S Everist director
Nicole A Kivisto officer: Controller P. O. BOX 5650, BISMARCK ND 58506-5650
Dale Rosenthal director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Karl A Liepitz officer: VP, Gen Counsel & Secretary 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Jason L Vollmer officer: Treasurer & Director of Cash 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
David M Sparby director 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Margaret A Link officer: Chief Information Officer 1200 WEST CENTURY AVENUE, BISMARCK ND 58503
Dennis W Johnson director TMI BUSINESS DESIGHNS CORP, 50 3 AVENUE WAY, DICKINSON ND 58601
David C Barney officer: President & CEO - Knife River 1150 WEST CENTURY AVENUE, BISMARCK ND 58503
Stephanie A Barth officer: VP, CAO & Controller 1200 WEST CENTURY AVENUE, BISMARCK ND 58503