12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), East West Bancorp's 12-1 Month Momentum % is 49.67%.
The industry rank for East West Bancorp's 12-1 Month Momentum % or its related term are showing as below:
EWBC's 12-1 Month Momentum % is ranked better than 86.22% of 1553
companies
in the Banks industry
Industry Median: 10.11
vs EWBC: 49.67
Competitive Comparison of East West Bancorp's 12-1 Month Momentum %
For the Banks - Regional subindustry, East West Bancorp'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.
East West Bancorp's 12-1 Month Momentum % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, East West Bancorp's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where East West Bancorp's 12-1 Month Momentum % falls into.
East West Bancorp (NAS:EWBC) 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.
East West Bancorp (NAS:EWBC) 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.
East West Bancorp 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of East West Bancorp's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
East West Bancorp (East West Bancorp) Business Description
East West Bancorp Inc is the holding company for East West Bank, a full-service commercial bank with cross-border operations concentrated in the United States and China. East-West Bank is one of a few U.S. based banks with a full banking license in China. The bank's cost strategy has increasingly focused on expanding its deposit base away from time deposits to commercial deposits. The bank has also taken part in entertainment partnerships between participants in China and Hollywood. Most of these efforts include financing the production and distribution of film and television projects. The bank leverages its cultural and regulatory knowledge in the U.S. and China to assist its customers in entering new markets. Most of its earning assets are in loans held for investment.
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