Federal Home Loan Mortgage (Federal Home Loan Mortgage) 6-1 Month Momentum % : 71.88% (As of Apr. 27, 2024)

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What is Federal Home Loan Mortgage 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), Federal Home Loan Mortgage's 6-1 Month Momentum % is 71.88%.

The industry rank for Federal Home Loan Mortgage's 6-1 Month Momentum % or its related term are showing as below:

FMCCM.PFD's 6-1 Month Momentum % is ranked better than
99.16% of 1556 companies
in the Banks industry
Industry Median: 10.255 vs FMCCM.PFD: 71.88

Competitive Comparison of Federal Home Loan Mortgage's 6-1 Month Momentum %

For the Mortgage Finance subindustry, Federal Home Loan Mortgage's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.

Federal Home Loan Mortgage's 6-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's 6-1 Month Momentum % falls into.

Federal Home Loan Mortgage (OTCPK:FMCCM.PFD) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-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.

Federal Home Loan Mortgage (OTCPK:FMCCM.PFD) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.

Federal Home Loan Mortgage 6-1 Month Momentum % Related Terms

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Federal Home Loan Mortgage (Federal Home Loan Mortgage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Federal Home Loan Mortgage Corp (OTCPK:FMCCM.PFD) » Definitions » 6-1 Month Momentum %

Comparable Companies

Address

8200 Jones Branch Drive, McLean, VA, USA, 22102-3110

Website

https://www.freddiemac.com

Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.