What is Virtus Investment Partners 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 (2024-04-28), Virtus Investment Partners's 6-1 Month Momentum % is 37.94%.
The industry rank for Virtus Investment Partners's 6-1 Month Momentum % or its related term are showing as below:
VRTS's 6-1 Month Momentum % is ranked better than 90.48% of 1744
companies
in the Asset Management industry
Industry Median: 11.415
vs VRTS: 37.94
Competitive Comparison of Virtus Investment Partners's 6-1 Month Momentum %
For the Asset Management subindustry, Virtus Investment Partners'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.
Virtus Investment Partners's 6-1 Month Momentum % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Investment Partners's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Virtus Investment Partners'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.
Virtus Investment Partners 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Virtus Investment Partners's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Virtus Investment Partners (Virtus Investment Partners) Business Description
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VRTS has been successfully added to your