Beazer Homes USA (FRA:BE4A) Momentum Rank : 10 (As of Apr. 28, 2024)

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

What is Beazer Homes USA Momentum Rank?

Beazer Homes USA 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 Beazer Homes USA's Momentum Rank

For the Residential Construction subindustry, Beazer Homes USA'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.

Beazer Homes USA's Momentum Rank Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where Beazer Homes USA's Momentum Rank falls into.

Beazer Homes USA Momentum Rank Related Terms

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

Beazer Homes USA (FRA:BE4A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Beazer Homes USA Inc (FRA:BE4A) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BZH:USA

Address

2002 Summit Boulevard NE, 15th Floor, Atlanta, GA, USA, 30319

Website

https://www.beazer.com

Beazer Homes USA Inc is an construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.

Beazer Homes USA (FRA:BE4A) Headlines

No Headlines