AXA (AXAHF) Momentum Rank

: 10 (As of Today)

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

AXA 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

For the Insurance - Diversified subindustry, AXA'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.

AXA Momentum Rank Distribution

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

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

AXA Momentum Rank Related Terms

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

AXA (AXAHF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AXA SA (OTCPK:AXAHF) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AXAHY:USA AXA:Italy CSp:UK 0HAR:UK CS:France AXA:Germany CS:Austria

Address

25, Avenue Matignon, Paris, FRA, 75008

Website

https://www.axa.com

AXA's origins date back to Ancienne Mutuelle, which was one of the few insurers that remained after the creation of the French security system. With the threat of nationalization, a merger took place between three insurance groups The Drouot Group, AXA (still known as Mutuelles Unies in 1982), and Presence Group. Ten years later AXA acquired North American life insurer Equitable Holdings. This was a time of expansion as AXA also bought UAP, a large French insurer at that time. Yet, as markets crashed at the turn of the millennium, AXA decided to refocus its business and exited its stake in U.S. investment bank Donaldson, Lufkin & Jenrette. A few years later the firm expanded again with the acquisition of Swiss insurer Winterthur. About 5 years ago AXA began reshaping its portfolio again.

AXA (AXAHF) Headlines

From GuruFocus

Top 3 New Buys of the Causeway International Value Fund

By Margaret Moran Margaret Moran • 12-03-2020

AXA CEO Interview - Half Year 2018 Earnings (Video)

By PRNewswire PRNewswire • 08-02-2018

AXA SA Stock Is Believed To Be Fairly Valued

By GF Value GF Value • 04-05-2021

Friday Health Plans Enters into Multi-Year Reinsurance Agreement with AXA

By PRNewswire PRNewswire • 06-09-2020