GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Allianz SE (OTCPK:ALIZF) » Definitions » 12-1 Month Momentum %

Allianz SE (Allianz SE) 12-1 Month Momentum %

: 18.83% (As of Today)
View and export this data going back to . Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-23), Allianz SE's 12-1 Month Momentum % is 18.83%.

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

ALIZF's 12-1 Month Momentum % is ranked better than
64.26% of 568 companies
in the Insurance industry
Industry Median: 11.26 vs ALIZF: 18.83

Competitive Comparison

For the Insurance - Diversified subindustry, Allianz SE'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.


Allianz SE 12-1 Month Momentum % Distribution

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

* The bar in red indicates where Allianz SE's 12-1 Month Momentum % falls into.



Allianz SE  (OTCPK:ALIZF) 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.


Allianz SE  (OTCPK:ALIZF) 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.


Allianz SE 12-1 Month Momentum % Related Terms

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


Allianz SE (Allianz SE) Business Description

Address
Koniginstrasse 28, Munich, BY, DEU, 80802
Allianz was founded as a transport and accident insurance firm in 1890 by Carl Thieme and Wilhelm Finck, the founders of Munich Re. It took the company 5 years to expand the business into Europe and North America and subsequently listed in Berlin. After the First World War, individuals became confronted with the loss of wealth, life, and security and Allianz founded a life business in the 1920s. In the years after the Second World War, Allianz's foreign assets were seized and it lost its foreign business. By relocating its head office from Berlin to Munich in 1948, Allianz began the long road of rebuilding its domestic business. It took almost 20 years for Allianz to reacquire its prior foreign interests, starting in Austria. It became the largest European insurer in the postwar boom era.

Allianz SE (Allianz SE) Headlines

From GuruFocus