Co-operators General Insurance Co (TSX:CCS.PR.C.PFD) Momentum Rank : 0 (As of Jun. 15, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Co-operators General Insurance Co Momentum Rank?

Co-operators General Insurance Co has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Co-operators General Insurance Co Momentum Rank Related Terms

Thank you for viewing the detailed overview of Co-operators General Insurance Co's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Co-operators General Insurance Co (TSX:CCS.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Co-operators General Insurance Co (TSX:CCS.PR.C.PFD) » Definitions » Momentum Rank

Comparable Companies

TSX:IAG TSX:SLF

Traded in Other Exchanges

N/A

Address

130 Macdonell Street, Guelph, ON, CAN, N1H 6P8

Website

https://www.cooperators.ca

Co-operators General Insurance Co is a Canada based insurance company involved in the Property and casualty insurance operations. It provides diversified, integrated, multi-line insurance, and financial services. The product line of the company consists of insurance such as Home, Auto, Life, Business, Farm, and Travel. The company earns maximum revenue from the premium, and operates only in Canada.

Co-operators General Insurance Co (TSX:CCS.PR.C.PFD) Headlines

No Headlines