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Home Point Capital (Home Point Capital) 12-1 Month Momentum % : -37.30% (As of May. 08, 2024)


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What is Home Point Capital 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-08), Home Point Capital's 12-1 Month Momentum % is -37.30%.

The industry rank for Home Point Capital's 12-1 Month Momentum % or its related term are showing as below:

HMPT's 12-1 Month Momentum % is not ranked
in the Banks industry.
Industry Median: 11.885 vs HMPT: -37.30

Competitive Comparison of Home Point Capital's 12-1 Month Momentum %

For the Mortgage Finance subindustry, Home Point Capital'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.


Home Point Capital's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Home Point Capital's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Home Point Capital's 12-1 Month Momentum % falls into.



Home Point Capital  (NAS:HMPT) 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.


Home Point Capital  (NAS:HMPT) 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.


Home Point Capital 12-1 Month Momentum % Related Terms

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Home Point Capital (Home Point Capital) Business Description

Traded in Other Exchanges
N/A
Address
2211 Old Earhart Road, Suite 250, Ann Arbor, MI, USA, 48105
Home Point Capital Inc is engaged in the residential mortgage business. The company's products and services include Conventional Mortgages, FHA Loans, VA Loans for Veterans, and USDA Loans. It operates in two separate reportable segments: Origination and Servicing. Nearly all of its revenue comes from its Origination segment, which originates and sells residential real estate mortgage loans in the United States through the consumer direct third-party originations and correspondent channels that offer a variety of loan programs.
Executives
Lisa G Patterson officer: Chief Administrative Officer C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Joanna Zabriskie director C/O HOME POINT CAPITAL INC., 211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
John S Forlines officer: Chief Risk Officer C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Jean Weng officer: General Counsel C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Phillip Martin Miller officer: Chief Operating Officer C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Shoemaker Jr. Phillip R. officer: President of Originations C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Trident Vi Parallel Fund, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
William Andrew Newman director, officer: President & CEO C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Maria N. Fregosi officer: Chief Investment Officer C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Stone Point Gp Ltd. 10 percent owner C/O CITCO TRUSTEES (CAYMAN) LIMITED, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Eric L. Rosenzweig director C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Brian R. Ludtke officer: Chief Administrative Officer C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Perry Hilzendeger officer: President of Servicing C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Trident Vi Professionals Fund, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Mark Elbaum officer: Chief Financial Officer

Home Point Capital (Home Point Capital) Headlines

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