Aozora Bank (FRA:AON) 6-1 Month Momentum %

: -15.64% (As of Today)

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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-18), Aozora Bank's 6-1 Month Momentum % is -15.64%.

The industry rank for Aozora Bank's 6-1 Month Momentum % or its related term are showing as below:

FRA:AON's 6-1 Month Momentum % is ranked worse than
92.59% of 1552 companies
in the Banks industry
Industry Median: 8.15 vs FRA:AON: -15.64

Competitive Comparison

For the Banks - Regional subindustry, Aozora Bank'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.

Aozora Bank 6-1 Month Momentum % Distribution

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

* The bar in red indicates where Aozora Bank's 6-1 Month Momentum % falls into.

Aozora Bank (FRA:AON) 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.

Aozora Bank (FRA:AON) 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.

Aozora Bank 6-1 Month Momentum % Related Terms

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Aozora Bank (FRA:AON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aozora Bank Ltd (FRA:AON) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AOZOY:USA 8304:Japan AON0:Germany

Address

3-1, Kudan-minami 1-chome, Chiyoda-ku, Tokyo, JPN, 102-8660

Website

http://www.aozorabank.co.jp

Aozora Bank Ltd is a full-service commercial bank with operations primarily in Japan. The bank's activities are divided into six areas of focus, including retail banking, corporate finance, financial institutions, specialty finance, international, and financial markets. Most of its retail banking activities are focused on asset management consulting activities to drive sales of investment products, primarily in investment trusts and structured notes. Corporate finance is mostly focused on providing solutions to small and medium-sized enterprises. Its specialty finance business is mostly focused on real estate and business recovery. Aozora's financial markets business mostly engages in derivatives along with asset and liability management.