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FinVolution Group 6-1 Month Momentum %

: -23.88% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2022-06-25), FinVolution Group's 6-1 Month Momentum % is -23.88%.

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

FINV's 6-1 Month Momentum % is ranked worse than
74.65% of 576 companies
in the Credit Services industry
Industry Median: -8.83 vs FINV: -23.88

Competitive Comparison

For the Credit Services subindustry, FinVolution 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.

   

FinVolution Group 6-1 Month Momentum % Distribution

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

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



FinVolution Group  (NYSE:FINV) 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.


FinVolution Group  (NYSE:FINV) 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.


FinVolution Group 6-1 Month Momentum % Related Terms

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


FinVolution Group Business Description

FinVolution Group logo
Industry
Financial Services » Credit Services NAICS : 522310 SIC : 6163
Traded in Other Exchanges
Address
No. 999 Dangui Road, Building G1, Pudong New District, Shanghai, CHN, 201203
FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers.

FinVolution Group Headlines

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