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BANX (ArrowMark Financial) 12-1 Month Momentum % : 15.94% (As of Dec. 15, 2024)


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What is ArrowMark 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 (2024-12-15), ArrowMark Financial's 12-1 Month Momentum % is 15.94%.

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

BANX's 12-1 Month Momentum % is ranked better than
69.91% of 1725 companies
in the Asset Management industry
Industry Median: 6.47 vs BANX: 15.94

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

For the Asset Management subindustry, ArrowMark 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.


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

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

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



ArrowMark Financial  (NAS:BANX) 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.


ArrowMark Financial  (NAS:BANX) 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.


ArrowMark Financial 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of ArrowMark Financial's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


ArrowMark Financial Business Description

Traded in Other Exchanges
N/A
Address
100 Fillmore Street, Suite 325, Denver, CO, USA, 80206
ArrowMark Financial Corp is a non-diversified, closed-end management investment company. Its objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The company's investments in various portfolios such as debt securities, Trust Preferred and Preferred Securities, preferred securities, exchange-traded funds, money market funds, and others.
Executives
Patrick Joseph Farrell officer: Chief Financial Officer 152 WEST 57TH STREET, NEW YORK NY 10019
Dana Staggs officer: President C/O ARROWMARK FINANCIAL CORP., 340 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10173
John Scott Emrich director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Guy M Arnold director 518 17TH STREET, STE 1700, DENVER CO 80202
Sanjai Bhonsle director, officer: CEO C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Richard Allen Grove officer: Chief Compliance Officer 518 17TH STREET, 17TH FLOOR, DENVER CO 80202
Michael Stolper director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Karen Reidy director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Praag Michael Van director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
S David Lentinello officer: Controller 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Joshua S. Siegel director, 10 percent owner, officer: Chief Executive Officer 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Clara Miller director STONECASTLE FINANCIAL CORP, 152 WEST 57TH STREET, 35TH FL., NEW YORK NY 10019
George Shilowitz director, 10 percent owner, officer: President 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Emil Henry director HENRY, TIGER LLC, 717 5TH AVE, FLOOR 12-A, NEW YORK NY 10022
Rachel Schatten officer: See Remarks 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019