Prudential (Prudential) 12-1 Month Momentum % : -33.30% (As of Apr. 26, 2024)

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What is Prudential 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), Prudential's 12-1 Month Momentum % is -33.30%.

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

PUKPF's 12-1 Month Momentum % is ranked worse than
92.43% of 568 companies
in the Insurance industry
Industry Median: 11.465 vs PUKPF: -33.30

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

For the Insurance - Life subindustry, Prudential'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.

Prudential's 12-1 Month Momentum % Distribution in the Insurance Industry

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

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

Prudential (OTCPK:PUKPF) 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.

Prudential (OTCPK:PUKPF) 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.

Prudential 12-1 Month Momentum % Related Terms

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Prudential (Prudential) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Prudential PLC (OTCPK:PUKPF) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

PUK:USA K6S:Singapore 02378:Hong Kong PRUl:UK PRU:UK PRU:Germany P1UK34:Brazil

Address

1 Angel Court, London, GBR, EC2R 7AG

Website

https://www.prudentialplc.com

Originally established as Prudential Mutual Assurance, Investment, and Loan Association in 1848, Prudential plc has moved on a lot since then. Set up to sell life insurance and loans to the middle and then the industrializing and urbanizing working classes, the company subsequently diversified into Europe and then North America with the purchase of Jackson National Life in around 1985. During its time as owner of Jackson, Prudential focused on building out a simple chassis-style product portfolio where customers could choose a variety of add-ons. The company also became renowned for its focus on building requisite internal capabilities to support its strong product offerings, including compelling technology and a large and well-trained distribution force.