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Close Brothers Group (LSE:CBG) 12-1 Month Momentum % : -74.79% (As of Dec. 13, 2024)


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What is Close Brothers Group 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 (2024-12-13), Close Brothers Group's 12-1 Month Momentum % is -74.79%.

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

LSE:CBG's 12-1 Month Momentum % is ranked worse than
99.81% of 1612 companies
in the Banks industry
Industry Median: 16.36 vs LSE:CBG: -74.79

Competitive Comparison of Close Brothers Group's 12-1 Month Momentum %

For the Banks - Regional subindustry, Close Brothers Group'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.


Close Brothers Group's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Close Brothers Group's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Close Brothers Group's 12-1 Month Momentum % falls into.



Close Brothers Group  (LSE:CBG) 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.


Close Brothers Group  (LSE:CBG) 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.


Close Brothers Group 12-1 Month Momentum % Related Terms

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Close Brothers Group Business Description

Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. The operating segments of the company are Commercial, Retail, Property, Asset Management, and Securities. The company derives the maximum of its income from the Commercial segment.

Close Brothers Group Headlines

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