12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-24), CNO Financial Group's 12-1 Month Momentum % is 21.51%.
The industry rank for CNO Financial Group's 12-1 Month Momentum % or its related term are showing as below:
CNO's 12-1 Month Momentum % is ranked better than 62.04% of 569
companies
in the Insurance industry
Industry Median: 11.56
vs CNO: 21.51
Competitive Comparison
For the Insurance - Life subindustry, CNO 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.
CNO Financial Group 12-1 Month Momentum % Distribution
For the Insurance industry and Financial Services sector, CNO Financial Group's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where CNO Financial Group's 12-1 Month Momentum % falls into.
CNO Financial Group (NYSE:CNO) 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.
CNO Financial Group (NYSE:CNO) 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.
CNO Financial Group 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of CNO Financial Group's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
CNO Financial Group (CNO Financial Group) Business Description
CNO Financial Group Inc is a holding company for a group of insurance companies that offers middle-income American consumers insurance and securities products through exclusive agents, independent producers, and direct marketing. Consumers are served through the phone, online, mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for the majority of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.
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