PartnerRe (PartnerRe) 12-1 Month Momentum % : 1.36% (As of Apr. 28, 2024)

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What is PartnerRe 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 (2024-04-28), PartnerRe's 12-1 Month Momentum % is 1.36%.

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

PREpG.PFD's 12-1 Month Momentum % is not ranked
in the Insurance industry.
Industry Median: 12.115 vs PREpG.PFD: 1.36

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

For the Insurance - Reinsurance subindustry, PartnerRe'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.

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

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

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

PartnerRe (NYSE:PREpG.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.

PartnerRe (NYSE:PREpG.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.

PartnerRe 12-1 Month Momentum % Related Terms

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PartnerRe (PartnerRe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PartnerRe Ltd (NYSE:PREpG.PFD) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

PREpJ.PFD:USA

Address

90 Pitts Bay Road, Wellesley House South, Pembroke, BMU, HM 08

Website

https://www.partnerre.com

PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. It operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the non-life business division.