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AFSIM.PFD (AmTrust Financial Services) 6-1 Month Momentum % : 3.23% (As of Dec. 14, 2024)


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What is AmTrust Financial Services 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-12-14), AmTrust Financial Services's 6-1 Month Momentum % is 3.23%.

The industry rank for AmTrust Financial Services's 6-1 Month Momentum % or its related term are showing as below:

AFSIM.PFD's 6-1 Month Momentum % is not ranked
in the Insurance industry.
Industry Median: 5.45 vs AFSIM.PFD: 3.23

Competitive Comparison of AmTrust Financial Services's 6-1 Month Momentum %

For the Insurance - Property & Casualty subindustry, AmTrust Financial Services's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


AmTrust Financial Services's 6-1 Month Momentum % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AmTrust Financial Services's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where AmTrust Financial Services's 6-1 Month Momentum % falls into.



AmTrust Financial Services  (OTCPK:AFSIM.PFD) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


AmTrust Financial Services  (OTCPK:AFSIM.PFD) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


AmTrust Financial Services 6-1 Month Momentum % Related Terms

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AmTrust Financial Services Business Description

Address
59 Maiden Lane, 43rd Floor, New York, NY, USA, 10038
AmTrust Financial Services Inc is a multinational company that underwrites and provides property and casualty insurance products. The company specializes in coverage for small to mid-sized businesses, with a philosophical focus on niche diversity and low-hazard risk. AmTrust's business model strives to achieve its profit goals through geographic and product diversification. The company reports three business segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The vast majority of revenues is derived from its Small Commercial Business risk.