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Mount Logan Capital (Mount Logan Capital) 12-1 Month Momentum % : -30.75% (As of Apr. 29, 2024)


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What is Mount Logan Capital 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 (2024-04-29), Mount Logan Capital's 12-1 Month Momentum % is -30.75%.

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

PYCFF's 12-1 Month Momentum % is ranked worse than
89.21% of 1742 companies
in the Asset Management industry
Industry Median: 1.955 vs PYCFF: -30.75

Competitive Comparison of Mount Logan Capital's 12-1 Month Momentum %

For the Asset Management subindustry, Mount Logan Capital'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.


Mount Logan Capital's 12-1 Month Momentum % Distribution in the Asset Management Industry

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

* The bar in red indicates where Mount Logan Capital's 12-1 Month Momentum % falls into.



Mount Logan Capital  (OTCPK:PYCFF) 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.


Mount Logan Capital  (OTCPK:PYCFF) 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.


Mount Logan Capital 12-1 Month Momentum % Related Terms

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Mount Logan Capital (Mount Logan Capital) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Mount Logan Capital Inc operates as emerging asset management and investment firm primarily focused on investing in public and private debt securities in the North American market. It holds and actively manages and monitors a portfolio of loans and other investments with credit-oriented characteristics. It actively sources, evaluates, underwrites, monitors, and primarily invests in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present a low risk of principal impairment through the credit cycle. The company's investment objective is to achieve income and potential capital gains, with attractive risk adjusted return, low volatility, and low risk of principal impairment through the credit cycle.

Mount Logan Capital (Mount Logan Capital) Headlines