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Mediobanca SpA (CHIX:MBM) 6-1 Month Momentum % : 2.32% (As of Dec. 16, 2024)


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What is Mediobanca SpA 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 (2024-12-16), Mediobanca SpA's 6-1 Month Momentum % is 2.32%.

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

CHIX:MBm's 6-1 Month Momentum % is ranked worse than
61.83% of 1614 companies
in the Banks industry
Industry Median: 9.81 vs CHIX:MBm: 2.32

Competitive Comparison of Mediobanca SpA's 6-1 Month Momentum %

For the Banks - Regional subindustry, Mediobanca SpA'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.


Mediobanca SpA's 6-1 Month Momentum % Distribution in the Banks Industry

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

* The bar in red indicates where Mediobanca SpA's 6-1 Month Momentum % falls into.



Mediobanca SpA  (CHIX:MBm) 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.


Mediobanca SpA  (CHIX:MBm) 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.


Mediobanca SpA 6-1 Month Momentum % Related Terms

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Mediobanca SpA Business Description

Traded in Other Exchanges
Address
Piazzetta Enrico Cuccia 1, Milan, ITA, 20121
Mediobanca SpA is an Italian investment bank. It has four operating units: Corporate and Investment Banking, Consumer Finance, Wealth Management, and Insurance - Principal Investing. It generates the majority of its revenue from the Consumer Finance division which comprises personal and finalized loans, cards and accounts, and home insurance. It operates through a network of branch offices, ATMs, online portals, and other direct sales forces in Europe and the Americas.It operates through a network of branch offices, ATMs, online portals, and other direct sales forces in Europe and the Americas.

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