6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-05), CIFC LLC's 6-1 Month Momentum % is 59.57%.
The industry rank for CIFC LLC's 6-1 Month Momentum % or its related term are showing as below:
CIFC's 6-1 Month Momentum % is not ranked
in the Asset Management industry.
Industry Median: 7.63
vs CIFC: 59.57
Competitive Comparison of CIFC LLC's 6-1 Month Momentum %
For the Asset Management subindustry, CIFC LLC'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.
CIFC LLC's 6-1 Month Momentum % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, CIFC LLC's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where CIFC LLC's 6-1 Month Momentum % falls into.
* 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.
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.
CIFC LLC 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of CIFC LLC's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
CIFC LLC was incorporated in Maryland on November 22, 2004 under the name of Deerfield Triarc Capital Corp. On July 19, 2011, it changed its name to CIFC Corp. In addition, the state of incorporation of CIFC Deerfield Corp. was changed from Maryland to Delaware. The Company, together with its subsidiaries, is engaged in originating and managing investment products which have corporate credit obligations, senior secured corporate loans as the underlying investments. It manages investments for various types of investors, including pension funds, hedge funds and other asset management firms, banks, insurance companies and other types of institutional investors located across the world. It generally invests in the investment products it sponsors. Its investment processes are overseen by its Investment Research, Portfolio Management and Trading teams. The Company competes with asset management clients and AUM with numerous other asset managers, including those affiliated with commercial banks, broker-dealers and other financial institutions and larger, diversified managers. The Company is subject to various regulatory requirements and restrictions with respect to its asset management activities, periodic regulatory examinations and other laws and regulations.
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