AIA Group (HKSE:01299) 6-1 Month Momentum %

: -16.43% (As of Today)

View and export this data going back to 2010. Start your Free Trial

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-23), AIA Group's 6-1 Month Momentum % is -16.43%.

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

HKSE:01299's 6-1 Month Momentum % is ranked worse than
89.49% of 571 companies
in the Insurance industry
Industry Median: 8.61 vs HKSE:01299: -16.43

Competitive Comparison

For the Insurance - Life subindustry, AIA Group'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.

AIA Group 6-1 Month Momentum % Distribution

For the Insurance industry and Financial Services sector, AIA Group's 6-1 Month Momentum % distribution charts can be found below:

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

AIA Group (HKSE:01299) 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.

AIA Group (HKSE:01299) 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.

AIA Group 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of AIA Group's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

AIA Group (HKSE:01299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIA Group Ltd (HKSE:01299) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AAIGF:USA AAGIY:USA 1299:Mexico 7A2:Germany

Address

No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG

Website

https://www.aia.com

AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group (HKSE:01299) Headlines

No Headlines