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Intact Financial (TSX:IFC.PR.C.PFD) 12-1 Month Momentum %

: 9.55% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-18), Intact Financial's 12-1 Month Momentum % is 9.55%.

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

TSX:IFC.PR.C.PFD's 12-1 Month Momentum % is ranked better than
53.06% of 571 companies
in the Insurance industry
Industry Median: 11.63 vs TSX:IFC.PR.C.PFD: 9.55

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Intact Financial'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.


Intact Financial 12-1 Month Momentum % Distribution

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

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



Intact Financial  (TSX:IFC.PR.C.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.


Intact Financial  (TSX:IFC.PR.C.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.


Intact Financial 12-1 Month Momentum % Related Terms

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Intact Financial (TSX:IFC.PR.C.PFD) Business Description

Address
700 University Avenue, Suite 1500, Toronto, ON, CAN, M5G 0A1
Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company's direct premiums are written in the personal automotive space. Intact directly manages its investments through subsidiary Intact Investment Management. The vast majority of these invested assets are fixed-income securities. Its asset mix is designed to generate interest and dividend income.

Intact Financial (TSX:IFC.PR.C.PFD) Headlines

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