6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-19), Taylor Morrison Home's 6-1 Month Momentum % is 39.48%.
The industry rank for Taylor Morrison Home's 6-1 Month Momentum % or its related term are showing as below:
TMHC's 6-1 Month Momentum % is ranked better than 75.89% of 112
companies
in the Homebuilding & Construction industry
Industry Median: 17.38
vs TMHC: 39.48
Competitive Comparison
For the Residential Construction subindustry, Taylor Morrison Home's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.
Taylor Morrison Home 6-1 Month Momentum % Distribution
For the Homebuilding & Construction industry and Consumer Cyclical sector, Taylor Morrison Home's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Taylor Morrison Home's 6-1 Month Momentum % falls into.
Taylor Morrison Home (NYSE:TMHC) 6-1 Month Momentum % Calculation
6-1 Month Momentum % is calculated as following:
6-1 Month Momentum %
=
( Price 1-month ago
/
Price 6-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Taylor Morrison Home (NYSE:TMHC) 6-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Taylor Morrison Home 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Taylor Morrison Home's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Taylor Morrison Home (Taylor Morrison Home) Business Description
Taylor Morrison Home is an American residential construction company that builds single-family homes and communities throughout California, Arizona, Texas, Illinois, Colorado, Florida, Georgia, and North Carolina. Taylor Morrison also reports via a mortgage operations segment that provides financing services for its homebuyers. It constructs various types of single-family homes, from entry-level to luxury move-up homes, as well as active adult communities. The majority of the company's revenue is derived from its construction projects, with the West and central operating regions leading the way.
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