Brookfield (Brookfield) 12-1 Month Momentum % : 8.80% (As of Apr. 26, 2024)

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What is Brookfield 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 (2024-04-26), Brookfield's 12-1 Month Momentum % is 8.80%.

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

BAMGF.PFD's 12-1 Month Momentum % is ranked better than
86.51% of 1742 companies
in the Asset Management industry
Industry Median: 1.71 vs BAMGF.PFD: 8.80

Competitive Comparison of Brookfield's 12-1 Month Momentum %

For the Asset Management subindustry, Brookfield'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.

Brookfield's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield's 12-1 Month Momentum % distribution charts can be found below:

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

Brookfield (OTCPK:BAMGF.PFD) 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.

Brookfield (OTCPK:BAMGF.PFD) 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.

Brookfield 12-1 Month Momentum % Related Terms

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

Brookfield (Brookfield) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Corp (OTCPK:BAMGF.PFD) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

BROXF.PFD:USA BKFAF.PFD:USA BXDIF.PFD:USA BN:USA K7X:Germany BN.PF.J.PFD:Canada BN.PF.I.PFD:Canada BN.PR.Z.PFD:Canada BN.PR.X.PFD:Canada BN.PR.T.PFD:Canada BN.PR.R.PFD:Canada BN.PR.N.PFD:Canada BN.PR.M.PFD:Canada BN.PR.K.PFD:Canada BN.PR.C.PFD:Canada BN.PR.B.PFD:Canada BN.PF.H.PFD:Canada BN.PF.G.PFD:Canada BN.PF.F.PFD:Canada BN.PF.E.PFD:Canada BN.PF.D.PFD:Canada BN.PF.C.PFD:Canada BN.PF.B.PFD:Canada BN.PF.A.PFD:Canada BN:Canada B1AM34:Brazil

Address

181 Bay Street, Suite 100, Brookfield Place, P.O. Box 762, Toronto, ON, CAN, M5J 2T3

Website

https://www.brookfield.com

Brookfield Corp owns and manages the commercial property, power, and infrastructure assets. Its investment focus includes Real Estate, Infrastructure, Renewable Power and Private Equity. Real Estate is made up of office and retail properties; Renewable power is made up of hydroelectric, wind, solar, and storage generating facilities; Infrastructure is made up of utilities, transport, energy, data infrastructure, and sustainable resource assets; and Private Equity is focused on business services, infrastructure services, and industrial operations. The company generates the majority revenue through Private Equity. Located around the world, its assets are concentrated in the United States, and Canada.