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Desh General Insurance Co (DHA:DGIC) 12-1 Month Momentum %

: -0.25% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2022-12-08), Desh General Insurance Co's 12-1 Month Momentum % is -0.25%.

The industry rank for Desh General Insurance Co's 12-1 Month Momentum % or its related term are showing as below:

DHA:DGIC's 12-1 Month Momentum % is ranked better than
69.27% of 563 companies
in the Insurance industry
Industry Median: -10.71 vs DHA:DGIC: -0.25

Desh General Insurance Co (DHA:DGIC) 12-1 Month Momentum % Competitive Comparison

For the Insurance - Property & Casualty subindustry, Desh General Insurance Co'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.

   

Desh General Insurance Co (DHA:DGIC) 12-1 Month Momentum % Distribution

For the Insurance industry and Financial Services sector, Desh General Insurance Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Desh General Insurance Co's 12-1 Month Momentum % falls into.



Desh General Insurance Co  (DHA:DGIC) 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.


Desh General Insurance Co  (DHA:DGIC) 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.


Desh General Insurance Co 12-1 Month Momentum % Related Terms

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


Desh General Insurance Co (DHA:DGIC) Business Description

Desh General Insurance Co logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
10 Dilkusha C/A, Jiban Bima Bhaban,Level No. 5, Front Block, 5th Floor, Dhaka, BGD, 1000
Desh General Insurance Co Ltd provides insurance coverage in respect of risks allied to individuals, properties, assets, and business. Its services mainly include Fire and Allied perils Insurance, Industrial all risk Insurance, Marine Cargo Insurance, Marine Hull Insurance, Erection All Risk, Contractors All Risk, Motor Vehicle Insurance, Cash-in-transit Insurance, Cash -in-safe Insurance, Cash -on-counter Insurance, Burglary and Housebreaking, Workmen's Compensation Insurance, Personal Accident, and Peoples Personal Accident Insurance.

Desh General Insurance Co (DHA:DGIC) Headlines

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