What is Endurance Specialty Holdings 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 (2024-04-25), Endurance Specialty Holdings's 6-1 Month Momentum % is -0.16%.
The industry rank for Endurance Specialty Holdings's 6-1 Month Momentum % or its related term are showing as below:
ENHPRACL.PFD's 6-1 Month Momentum % is not ranked
in the Insurance industry.
Industry Median: 8.48
vs ENHPRACL.PFD: -0.16
Competitive Comparison of Endurance Specialty Holdings's 6-1 Month Momentum %
For the Insurance - Property & Casualty subindustry, Endurance Specialty Holdings'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.
Endurance Specialty Holdings's 6-1 Month Momentum % Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Endurance Specialty Holdings's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Endurance Specialty Holdings'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.
Endurance Specialty Holdings 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Endurance Specialty Holdings's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Endurance Specialty Holdings (Endurance Specialty Holdings) Business Description
Endurance Specialty Holdings is a property and casualty insurance holding company that underwrites its products on a global basis. Operations are organized into two business segments: insurance and reinsurance. Endurance generates the vast majority of its revenue from the insurance segment, where most of its revenue is derived from its agriculture insurance line. The reinsurance segment derives most of its revenue through its catastrophe insurance line. The company's key strategies include an emphasis on profitability, deep client relationships, risk management, and proactively managing its capital base.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ENHPRACL.PFD has been successfully added to your