12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), Axos Financial's 12-1 Month Momentum % is 44.85%.
The industry rank for Axos Financial's 12-1 Month Momentum % or its related term are showing as below:
AX's 12-1 Month Momentum % is ranked better than 84.95% of 1548
companies
in the Banks industry
Industry Median: 10.175
vs AX: 44.85
Competitive Comparison of Axos Financial's 12-1 Month Momentum %
For the Banks - Regional subindustry, Axos Financial'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.
Axos Financial's 12-1 Month Momentum % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Axos Financial's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Axos Financial's 12-1 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 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.
Axos Financial 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Axos Financial's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Axos Financial (Axos Financial) Business Description
Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking and securities business. The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.
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