MA Financial Group (ASX:MAF) 12-1 Month Momentum %

: 11.97% (As of Today)

View and export this data going back to 2017. Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), MA Financial Group's 12-1 Month Momentum % is 11.97%.

The industry rank for MA Financial Group's 12-1 Month Momentum % or its related term are showing as below:

ASX:MAF's 12-1 Month Momentum % is ranked better than
78.78% of 1744 companies
in the Asset Management industry
Industry Median: 0.505 vs ASX:MAF: 11.97

Competitive Comparison

For the Asset Management subindustry, MA Financial Group's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.

MA Financial Group 12-1 Month Momentum % Distribution

For the Asset Management industry and Financial Services sector, MA Financial Group's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where MA Financial Group's 12-1 Month Momentum % falls into.

MA Financial Group (ASX:MAF) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-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.

MA Financial Group (ASX:MAF) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.

MA Financial Group 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of MA Financial Group's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

MA Financial Group (ASX:MAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MA Financial Group Ltd (ASX:MAF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Carrington Street, Level 27, Brookfield Place, Sydney, NSW, AUS, 2000

Website

https://www.mafinancial.com

MA Financial Group Ltd is a financial services company. The Group is organised into the following business segments: Asset Management, Lending & Technology, and Corporate Advisory & Equities (CA&E). It generates maximum revenue from the Asset Management segment. The Asset Management segment incorporates the provision of asset management services and principal co-investment and strategic investments. The Lending & Technology segment includes the provision of Lending Platforms for loan funding, residential mortgages and Financial Technology. The Corporate Advisory and Equities segment provides corporate advice, underwriting and institutional stockbroking services. The Group mainly operates in Australia.

MA Financial Group (ASX:MAF) Headlines

No Headlines