12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-15), FedNat Holding Co's 12-1 Month Momentum % is -99.87%.
The industry rank for FedNat Holding Co's 12-1 Month Momentum % or its related term are showing as below:
FNHCQ's 12-1 Month Momentum % is not ranked
in the Insurance industry.
Industry Median: 9.86
vs FNHCQ: -99.87
Competitive Comparison of FedNat Holding Co's 12-1 Month Momentum %
For the Insurance - Property & Casualty subindustry, FedNat Holding 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.
FedNat Holding Co's 12-1 Month Momentum % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, FedNat Holding Co's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where FedNat Holding Co's 12-1 Month Momentum % falls into.
FedNat Holding Co (OTCPK:FNHCQ) 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.
FedNat Holding Co (OTCPK:FNHCQ) 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.
FedNat Holding Co 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of FedNat Holding Co's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
FedNat Holding Co (FedNat Holding Co) Business Description
FedNat Holding Co is a provider of property and liability insurance products in the United States. It offers underwriting services to homeowner's multi-peril, personal automobile, commercial general liability, federal flood, and other lines of insurance. The company markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The segments of the company are Homeowners, Automobile and Other, of which a majority of the revenue is derived from the Homeowners segment. The Homeowners line of business consists of the homeowners and fire property and casualty insurance business.
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