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Norfolk Southern (Norfolk Southern) Momentum Rank : 10 (As of May. 06, 2024)


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What is Norfolk Southern Momentum Rank?

Norfolk Southern 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 Norfolk Southern's Momentum Rank

For the Railroads subindustry, Norfolk Southern'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.


Norfolk Southern's Momentum Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norfolk Southern's Momentum Rank distribution charts can be found below:

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



Norfolk Southern Momentum Rank Related Terms

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


Norfolk Southern (Norfolk Southern) Business Description

Address
650 West Peachtree Street NW, Atlanta, GA, USA, 30308
Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.
Executives
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Francesca A. Debiase director MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Alan H. Shaw officer: EVP & Chief Marketing Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Paul B Duncan officer: EVP & Chief Operating Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
James A Squires officer: Sr. V.P. - Law 650 W PEACHTREE ST NW, ATLANTA GA 30308
Steven F Leer director USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Nabanita C Nag officer: SVP and Chief Legal Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Claiborne L Moore officer: Vice President and Controller 650 W PEACHTREE ST NW, ATLANTA GA 30308
Lorri J Kleine officer: SVP & Chief Legal Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Claude E Elkins officer: EVP & Chief Marketing Officer 650 W. PEACHTREE ST, NW, ATLANTA GA 30308
Allison Clyde H Jr officer: Vice President and Controller 650 W PEACHTREE ST NW, ATLANTA GA 30308
Ann A Adams officer: EVP-Chief Transform. Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Cynthia M Sanborn officer: EVP & Chief Operating Officer 650 W PEACHTREE ST NW, ATLANTA GA 30308
Michael Joseph Wheeler officer: Sr. Vice President Operations THREE COMMERCIAL PLACE, 13TH FLOOR, NORFOLK VA 23510
Christopher T Jones director 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042