GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sanlam Ltd (NAM:SLA) » Definitions » 6-1 Month Momentum %

Sanlam (NAM:SLA) 6-1 Month Momentum % : -0.79% (As of Mar. 27, 2025)


View and export this data going back to 1990. Start your Free Trial

What is Sanlam 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 (2025-03-27), Sanlam's 6-1 Month Momentum % is -0.79%.

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

NAM:SLA's 6-1 Month Momentum % is ranked worse than
57.17% of 579 companies
in the Insurance industry
Industry Median: 1.97 vs NAM:SLA: -0.79

Competitive Comparison of Sanlam's 6-1 Month Momentum %

For the Insurance - Life subindustry, Sanlam'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.


Sanlam's 6-1 Month Momentum % Distribution in the Insurance Industry

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

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


;
;

Sanlam  (NAM:SLA) 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.


Sanlam  (NAM:SLA) 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.


Sanlam 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Sanlam's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanlam Business Description

Traded in Other Exchanges
Address
2 Strand Road, Bellville, ZAF, 7530
Sanlam Ltd sells insurance products and provides investment and wealth management services. Its operating segments include Sanlam Life and Savings, further divided into SA Retail Affluent provides life insurance and investment solutions to the middle and upper level of the market, SA Retail Mass provides life insurance and investment solutions to the entry level market; and Sanlam Corporate provides employee benefits services, group risk and investment services to retirement funds and corporates; Sanlam Emerging Markets incorporates Sanlam's businesses outside of South Africa, except for Sanlam UK and the smaller businesses in Australia; Sanlam Investment Group incorporates investment and wealth management businesses; and Santam being Sanlam's general insurance provider in South Africa.

Sanlam Headlines

No Headlines