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PWC Capital (TSX:PWC.PR.B.PFD) 12-1 Month Momentum % : -13.33% (As of Apr. 28, 2024)


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What is PWC Capital 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), PWC Capital's 12-1 Month Momentum % is -13.33%.

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

TSX:PWC.PR.B.PFD's 12-1 Month Momentum % is not ranked
in the Banks industry.
Industry Median: 10.11 vs TSX:PWC.PR.B.PFD: -13.33

Competitive Comparison of PWC Capital's 12-1 Month Momentum %

For the Banks - Regional subindustry, PWC Capital'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.


PWC Capital's 12-1 Month Momentum % Distribution in the Banks Industry

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

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



PWC Capital  (TSX:PWC.PR.B.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.


PWC Capital  (TSX:PWC.PR.B.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.


PWC Capital 12-1 Month Momentum % Related Terms

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PWC Capital (TSX:PWC.PR.B.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Pacific & Western Credit Corp is a holding company. The Company's wholly-owned and main subsidiary is Pacific & Western Bank of Canada, which provides financial solutions to clients in selected niche markets. The Bank receives deposits through a diversified network of deposit brokers and is a member institution of the Canada Deposit Insurance Corporation ('CDIC'). The Bank invests these funds in loans, leases, commercial mortgages, residential development mortgages, equity and debt of corporations, and government guaranteed securities, all of which are selected to provide lower returns on equity but with limited risk of default. The Bank has two main business activities, namely deposit services and lending services. Deposit services are located in Saskatoon, Saskatchewan. Deposits, consisting of guaranteed investment certificates and daily interest savings accounts, eligible for CDIC insurance, are raised through a diversified network of deposit brokers across Canada. The Bank's business is comprised of three core lending segments, being real estate lending, public sector lending and commercial lending. The Bank's real estate lending portfolio is organized into four categories, being land and construction loans, residential term mortgages, commercial term mortgages, and insured mortgages. The Bank provides land and construction loans, residential term mortgages, commercial term mortgages, and insured mortgages.

PWC Capital (TSX:PWC.PR.B.PFD) Headlines

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