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Ares Management (Ares Management) 6-1 Month Momentum % : 31.86% (As of Apr. 26, 2024)


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What is Ares Management 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 (2024-04-26), Ares Management's 6-1 Month Momentum % is 31.86%.

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

ARES's 6-1 Month Momentum % is ranked better than
87.73% of 1744 companies
in the Asset Management industry
Industry Median: 10.91 vs ARES: 31.86

Competitive Comparison of Ares Management's 6-1 Month Momentum %

For the Asset Management subindustry, Ares Management'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.


Ares Management's 6-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ares Management's 6-1 Month Momentum % distribution charts can be found below:

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



Ares Management  (NYSE:ARES) 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.


Ares Management  (NYSE:ARES) 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.


Ares Management 6-1 Month Momentum % Related Terms

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Ares Management (Ares Management) Business Description

Traded in Other Exchanges
Address
2000 Avenue of the Stars, 12th Floor, Los Angeles, CA, USA, 90067
Ares Management Corp is an asset management company based in the United States. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Estate Group, Secondaries Group, and Strategic Initiatives. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group is engaged in managing real estate equity and debt strategies. The Secondary Solutions Group invests in secondary markets across a range of asset class including private equity, real estate, and infrastructure.
Executives
Michael J Arougheti director, officer: Co-Founder & President 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Bennett Rosenthal director, officer: Co-Founder & Senior Partner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Co-Founder & Senior Partner 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Ryan Berry officer: Ptr, Chief Mktg. & Strat. Off. C/O ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
R. Kipp Deveer officer: Partner 245 PARK AVENUE, 44TH FLOOR, NEW YORK NY 10167
Ashish Bhutani director
Judy D. Olian director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067
Aghili Naseem Sagati officer: General Counsel 2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
Bush Antoinette Cook director NORTHPOINT TECHNOLOGY, 444 N CAPITOL STREET NW STE 645, WASHINGTON DC 20001
Antony P Ressler director, officer: Chairman, CEO, Co-Founder 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Eileen Naughton director C/O GOOGLE INC., 76 NINTH AVENUE, 4TH FLOOR, NEW YORK NY 10011
Ares Management Corp officer: Chief Financial Officer 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Michael R Mcferran officer: EVP, CFO & Treasurer 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Michael D Weiner officer: EVP, CLO & Secretary 10250 CONSTELLATION BLVD, SUITE 2900, LOS ANGELES CA 90067-6229