AXA (XPAR:CS) 6-1 Month Momentum % : 4.73% (As of Dec. 11, 2024)

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What is AXA 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 (2024-12-11), AXA's 6-1 Month Momentum % is 4.73%.

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

XPAR:CS's 6-1 Month Momentum % is ranked better than
50.62% of 561 companies
in the Insurance industry
Industry Median: 4.47 vs XPAR:CS: 4.73

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

For the Insurance - Diversified subindustry, AXA'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.

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

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

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

AXA (XPAR:CS) 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.

AXA (XPAR:CS) 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.

AXA 6-1 Month Momentum % Related Terms

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AXA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AXA SA (XPAR:CS) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AXAHY:USA AXAHF:USA 1CS:Italy CSp:UK 0HAR:UK AXA:Germany AXAA:Germany AXA:Germany AXA:Germany AXAA:Germany AXA:Germany CS:Austria

Address

25, Avenue Matignon, Paris, FRA, 75008

Website

https://www.axa.com

AXA's origins date back to Ancienne Mutuelle, which was one of the few insurers that remained after the creation of the French security system. With the threat of nationalization, a merger took place between three insurance groups: The Drouot Group, AXA (still known as Mutuelles Unies in 1982), and Presence Group. Ten years later, AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought UAP, a French insurer. Yet, as markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in US investment bank Donaldson, Lufkin & Jenrette. A few years later the firm expanded again with the acquisition of Swiss insurer Winterthur. About five years ago, AXA started to reshape its portfolio to technical risks.