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ClearView Wealth (ClearView Wealth) 12-1 Month Momentum % : N/A% (As of Jun. 25, 2024)


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What is ClearView Wealth 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 (2024-06-25), ClearView Wealth's 12-1 Month Momentum % is N/A%.

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

CVWLF's 12-1 Month Momentum % is not ranked *
in the Insurance industry.
Industry Median: 8.815
* Ranked among companies with meaningful 12-1 Month Momentum % only.

Competitive Comparison of ClearView Wealth's 12-1 Month Momentum %

For the Insurance - Life subindustry, ClearView Wealth'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.


ClearView Wealth's 12-1 Month Momentum % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ClearView Wealth's 12-1 Month Momentum % distribution charts can be found below:

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



ClearView Wealth  (OTCPK:CVWLF) 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.


ClearView Wealth  (OTCPK:CVWLF) 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.


ClearView Wealth 12-1 Month Momentum % Related Terms

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ClearView Wealth (ClearView Wealth) Business Description

Traded in Other Exchanges
Address
20 Bond Street, Level 15, Sydney, NSW, AUS, 2000
ClearView Wealth Ltd is a diversified financial services company that partners with financial advisers and strategic partners to help Australians protect and grow their wealth and achieve their financial goals. The company's operating segments include Life Insurance and Wealth Management. It generates maximum revenue from the Life Insurance segment, which manufactures ClearView life insurance products under a retail life insurance Australian Financial Services (AFS) licence.

ClearView Wealth (ClearView Wealth) Headlines

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