Helia Group (STU:0GI0) 12-1 Month Momentum % : N/A% (As of Jun. 25, 2024)

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

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

STU:0GI0'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 Helia Group's 12-1 Month Momentum %

For the Insurance - Specialty subindustry, Helia 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.

Helia Group's 12-1 Month Momentum % Distribution in the Insurance Industry

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

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

Helia Group (STU:0GI0) 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.

Helia Group (STU:0GI0) 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.

Helia Group 12-1 Month Momentum % Related Terms

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Helia Group (STU:0GI0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Helia Group Ltd (STU:0GI0) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

HLI:Australia

Address

101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.helia.com.au

Helia listed on the Australian Securities Exchange in 2014 after its U.S.-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.

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