ACT (Enact Holdings) Momentum Rank : 8 (As of Mar. 29, 2025)

View and export this data going back to 2021. Start your Free Trial

What is Enact Holdings Momentum Rank?

Enact Holdings has the Momentum Rank of 8.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Enact Holdings's Momentum Rank

For the Insurance - Specialty subindustry, Enact Holdings's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Enact Holdings's Momentum Rank Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Enact Holdings's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Enact Holdings's Momentum Rank falls into.

Save Embed

;

Save Embed

;

Enact Holdings Momentum Rank Related Terms

Thank you for viewing the detailed overview of Enact Holdings's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Enact Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Enact Holdings Inc (NAS:ACT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

8325 Six Forks Road, Raleigh, NC, USA, 27615

Website

https://www.enactmi.com

Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The principal mortgage insurance customers are originators of residential mortgage loans who determine which mortgage insurer or insurers will be used for the placement of mortgage insurance written on loans originated. The company is engaged in writing and assuming residential mortgage guaranty insurance.

Executives

Brian Gould	officer: EVP & Chief Operations Officer	8325 SIX FORKS ROAD, RALEIGH NC 27615
Evan Stolove	officer: EVP, Gen. Counsel & Secretary	8325 SIX FORKS ROAD, RALEIGH NC 27615
Genworth Holdings, Inc.	10 percent owner	6620 WEST BROAD STREET, RICHMOND VA 23230
Michael Derstine	officer: EVP and Chief Risk Officer	8325 SIX FORKS ROAD, RALEIGH NC 27615
Rohit Gupta	director, officer: President and CEO	C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Jerome T Upton	director	GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Michael A Bless	director	C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Sheehan Daniel J Iv	director	6620 WEST BROAD STREET, RICHMOND VA 23230
Hardin Dean Mitchell	officer: EVP, CFO and Treasurer	8325 SIX FORKS ROAD, RALEIGH NC 27615
Anne G Waleski	director	1508 WEST AVENUE, RICHMOND VA 23220
Westley V Thompson	director	THE PHOENIX COMPANIES, INC., ONE AMERICAN ROW, HARTFORD CT 06102
Debra Still	director	520 MADISON AVE, 32ND FL, C/O CHIMERA INVESTMENT CORPORATION, NEW YORK NY 10022
John D Fisk	director	C/O AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Restrepo Robert P Jr	director
Dominic James Addesso	director, other: Chairperson of the Board	477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938