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), Brown & Brown's 6-1 Month Momentum % is 24.46%.
The industry rank for Brown & Brown's 6-1 Month Momentum % or its related term are showing as below:
BRO's 6-1 Month Momentum % is ranked better than 71.95% of 574
companies
in the Insurance industry
Industry Median: 8.44
vs BRO: 24.46
Competitive Comparison of Brown & Brown's 6-1 Month Momentum %
For the Insurance Brokers subindustry, Brown & Brown'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.
Brown & Brown's 6-1 Month Momentum % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Brown & Brown's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Brown & Brown's 6-1 Month Momentum % falls into.
Brown & Brown (NYSE:BRO) 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.
Brown & Brown (NYSE:BRO) 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.
Brown & Brown 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Brown & Brown's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Brown & Brown (Brown & Brown) Business Description
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.
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