What is ttm in finance defensive sectors watch TTM beta for

Defensive sectors watch TTM beta for volatility metrics. Consumer staples maintain a TTM beta near 0.6, highlighting stable price movements even amid monetary tightening cycles. However, interest rates climbed in response to inflationary pressures, and mortgage demand cooled as a result. Rocket's operating earnings fell sharply, exposing its reliance on cyclical mortgage origination activity. Investors grew skeptical, and the stock struggled to maintain momentum as Rocket's volumes declined. TTM Technologies' (NASDAQ:TTMI) stock is up by a considerable 44% over the past three months. Given that stock prices are usually aligned with a company's financial performance in the long-term, we decided to study its financial indicators more closely to see if they had a hand to play in the recent price move. Particularly, we will be paying attention to TTM Technologies' ROE today. In tech stocks, TTM EPS growth is a key predictor for forward returns. Microsoft’s TTM EPS grew 14% year-over-year, signaling resilience despite macroeconomic tightening. Many growth investors compare the TTM price-to-sales ratio to spot mispriced opportunities.