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Popular Life Insurance Co (DHA:POPULARLIF) 6-1 Month Momentum % : 2.96% (As of May. 11, 2025)


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What is Popular Life Insurance Co 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 (2025-05-11), Popular Life Insurance Co's 6-1 Month Momentum % is 2.96%.

The industry rank for Popular Life Insurance Co's 6-1 Month Momentum % or its related term are showing as below:

DHA:POPULARLIF's 6-1 Month Momentum % is ranked better than
65.8% of 579 companies
in the Insurance industry
Industry Median: -4.11 vs DHA:POPULARLIF: 2.96

Competitive Comparison of Popular Life Insurance Co's 6-1 Month Momentum %

For the Insurance - Life subindustry, Popular Life Insurance Co'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.


Popular Life Insurance Co's 6-1 Month Momentum % Distribution in the Insurance Industry

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

* The bar in red indicates where Popular Life Insurance Co's 6-1 Month Momentum % falls into.


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Popular Life Insurance Co  (DHA:POPULARLIF) 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.


Popular Life Insurance Co  (DHA:POPULARLIF) 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.


Popular Life Insurance Co 6-1 Month Momentum % Related Terms

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Popular Life Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Peoples Insurance Bhaban, 16th and 17th Floor, 36 Dilkusha C/A, Dhaka, BGD, 1000
Popular Life Insurance Co Ltd is life insurance company in Bangladesh. It offers variety of plans from the most common endowment type to plans like payments scheme policies.

Popular Life Insurance Co Headlines

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