GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swan Life Ltd (XMAU:ANGM.I0000) » Definitions » 6-1 Month Momentum %

Swan Life (XMAU:ANGM.I0000) 6-1 Month Momentum % : -21.92% (As of Oct. 31, 2024)


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

What is Swan Life 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 (2024-10-31), Swan Life's 6-1 Month Momentum % is -21.92%.

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

XMAU:ANGM.I0000's 6-1 Month Momentum % is not ranked
in the Insurance industry.
Industry Median: 5.695 vs XMAU:ANGM.I0000: -21.92

Competitive Comparison of Swan Life's 6-1 Month Momentum %

For the Insurance - Life subindustry, Swan Life'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.


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

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

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



Swan Life  (XMAU:ANGM.I0000) 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.


Swan Life  (XMAU:ANGM.I0000) 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.


Swan Life 6-1 Month Momentum % Related Terms

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


Swan Life Business Description

Traded in Other Exchanges
N/A
Address
10 Intendance Street, Swan Centre, Port Louis, MUS
Swan Life Ltd is a Mauritius-based company. It provides non-banking financial solutions, from general insurance, life assurance, pension, and actuarial services, pension administration, investment advisory, wealth management, and securities trading for corporate clients and individual customers. The business operates in one segment which is Long-Term Insurance Business. The company receives maximum revenue from the premiums on the insurance sold.

Swan Life Headlines

No Headlines