6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-01), OneMain Holdings's 6-1 Month Momentum % is 42.19%.
The industry rank for OneMain Holdings's 6-1 Month Momentum % or its related term are showing as below:
OMF's 6-1 Month Momentum % is ranked better than 80.75% of 561
companies
in the Credit Services industry
Industry Median: 8
vs OMF: 42.19
Competitive Comparison of OneMain Holdings's 6-1 Month Momentum %
For the Credit Services subindustry, OneMain Holdings'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.
OneMain Holdings's 6-1 Month Momentum % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, OneMain Holdings's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where OneMain Holdings's 6-1 Month Momentum % falls into.
* 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.
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.
OneMain Holdings 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of OneMain Holdings's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
OneMain Holdings (OneMain Holdings) Business Description
OneMain Holdings is engaged in nonprime consumer finance companies in the United States and one of only a few companies in the consumer installment lending industry. It formed after a transaction brought together two branch-based consumer finance companies with complementary strategies and locations. Its services include providing personal loan products, offering credit and noncredit insurance, servicing loans, pursuing strategic acquisitions and dispositions of assets and businesses, and on occasion, establishing joint ventures or forming strategic alliances. The company's one reportable segment is consumer and insurance. In addition to hundreds of branches, the company also has a significant online business. The main source of revenue is net interest income.
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