American Financial Group (FRA:QFI) Momentum Rank : 10 (As of May. 15, 2024)

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What is American Financial Group Momentum Rank?

American Financial Group has the Momentum Rank of 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.

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

Competitive Comparison of American Financial Group's Momentum Rank

For the Insurance - Property & Casualty subindustry, American Financial Group'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.

American Financial Group's Momentum Rank Distribution in the Insurance Industry

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

* The bar in red indicates where American Financial Group's Momentum Rank falls into.

American Financial Group Momentum Rank Related Terms

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American Financial Group (FRA:QFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Financial Group Inc (FRA:QFI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AFG:USA

Address

301 East Fourth Street, Cincinnati, OH, USA, 45202

Website

https://www.afginc.com

American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.

American Financial Group (FRA:QFI) Headlines

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