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Arch Capital Group (FRA:RSK) 6-1 Month Momentum % : 4.45% (As of May. 04, 2024)


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What is Arch Capital Group 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 (2024-05-04), Arch Capital Group's 6-1 Month Momentum % is 4.45%.

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

FRA:RSK's 6-1 Month Momentum % is ranked better than
50.35% of 572 companies
in the Insurance industry
Industry Median: 7.6 vs FRA:RSK: 4.45

Competitive Comparison of Arch Capital Group's 6-1 Month Momentum %

For the Insurance - Diversified subindustry, Arch Capital 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.


Arch Capital Group's 6-1 Month Momentum % Distribution in the Insurance Industry

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

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



Arch Capital Group  (FRA:RSK) 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.


Arch Capital Group  (FRA:RSK) 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.


Arch Capital Group 6-1 Month Momentum % Related Terms

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Arch Capital Group (FRA:RSK) Business Description

Traded in Other Exchanges
Address
100 Pitts Bay Road, Waterloo House, Ground Floor, Pembroke, BMU, HM 08
Arch Capital Group Ltd is a Bermuda company which writes insurance and reinsurance with operations in Bermuda, the United States, Canada, Europe, Australia and South Africa. The business operates through three segments: insurance, reinsurance, and mortgage. The insurance segment provides specialty risk solutions to clients worldwide across a variety of industries. The reinsurance segment provides reinsurance services which cover property catastrophe, property, liability, marine, aviation and space, trade credit and surety, agriculture, accident, life and health, and political risk. The mortgage business provides risk management and risk financing products to the mortgage insurance sectors through platforms in the U.S., Europe and Bermuda.

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