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Insignia Financial (Insignia Financial) 12-1 Month Momentum % : -29.35% (As of May. 25, 2024)


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What is Insignia Financial 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-25), Insignia Financial's 12-1 Month Momentum % is -29.35%.

The industry rank for Insignia Financial's 12-1 Month Momentum % or its related term are showing as below:

IOOFF's 12-1 Month Momentum % is ranked worse than
80.32% of 1728 companies
in the Asset Management industry
Industry Median: 2.635 vs IOOFF: -29.35

Competitive Comparison of Insignia Financial's 12-1 Month Momentum %

For the Asset Management subindustry, Insignia Financial's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.


Insignia Financial's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Insignia Financial's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Insignia Financial's 12-1 Month Momentum % falls into.



Insignia Financial  (OTCPK:IOOFF) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-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.


Insignia Financial  (OTCPK:IOOFF) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.


Insignia Financial 12-1 Month Momentum % Related Terms

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Insignia Financial (Insignia Financial) Business Description

Traded in Other Exchanges
Address
800 Bourke Street, Level 1, Docklands, VIC, AUS, 3008
Insignia Financial (formerly IOOF) provides wealth-management advice and products via a multibranded strategy, and a vertically integrated business model. Insignia's advice business provides financial planning services to both the mass affluent and high-net-worth clients. It also owns finance dealer groups that provide compliance and other administrative services to financial planners operating under the dealer group's licence. Furthermore, Insignia offers platform products, which generates fees mainly from superannuation and non-superannuation investments accessed via its own platforms. It also derives revenue via some third-party platforms sourced from its aligned advisors. Lastly, the firm has an investment management segment.

Insignia Financial (Insignia Financial) Headlines