Willis Towers Watson (LTS:0Y4Q) Momentum Rank : 10 (As of Apr. 27, 2024)

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What is Willis Towers Watson Momentum Rank?

Willis Towers Watson 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 Willis Towers Watson's Momentum Rank

For the Insurance Brokers subindustry, Willis Towers Watson'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.

Willis Towers Watson's Momentum Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Willis Towers Watson's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Willis Towers Watson's Momentum Rank falls into.

Willis Towers Watson Momentum Rank Related Terms

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Willis Towers Watson (LTS:0Y4Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Willis Towers Watson PLC (LTS:0Y4Q) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

WTW:USA WTW:Mexico W1LT34:Brazil

Address

C/o Willis Group Ltd, 51 Lime Street, London, GBR, EC3M 7DQ

Website

https://www.willistowerswatson.com

In January 2016, Towers Watson and Willis Group merged to form Willis Towers Watson, a global advisory, insurance brokerage, and solutions company. The company operates in two business segments: health, wealth, and career (its consulting operations) and risk and brokering (its brokerage operations). It has about 47,000 employees.

Willis Towers Watson (LTS:0Y4Q) Headlines

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