Speed regulation refers to the change in motor speed from no load to full load, expressed as a percentage of the full-load speed:
$$\%\:Speed\:regulation=\frac{No\:load\:speed\:-\:Full\:load\:speed}{Full\:load\:speed}\:\times100$$
Shunt Motor: The field windings are connected in parallel (shunt) with the armature. Shunt motors have a nearly constant speed regardless of load changes, offering excellent speed regulation. This is because the field current remains relatively stable, keeping the magnetic flux constant.
Series Motor: The field windings are connected in series with the armature. Series motors exhibit significant speed variation with load changes. At no load, they can reach dangerously high speeds, while under heavy load, the speed drops considerably. This results in poor speed regulation, making them unsuitable for applications requiring constant speed.
Cumulative Compound Motor: Combines both series and shunt field windings, with the series field aiding the shunt field. Cumulative compound motors offer a compromise between shunt and series motors. They provide better speed regulation than series motors but are not as precise as shunt motors. The combination of windings helps moderate speed variations with load changes.