Union Bank Of The Philippines (PHS:UBP) 6-1 Month Momentum % : -4.56% (As of May. 05, 2024)

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What is Union Bank Of The Philippines 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 (2024-05-05), Union Bank Of The Philippines's 6-1 Month Momentum % is -4.56%.

The industry rank for Union Bank Of The Philippines's 6-1 Month Momentum % or its related term are showing as below:

PHS:UBP's 6-1 Month Momentum % is ranked worse than
80.38% of 1560 companies
in the Banks industry
Industry Median: 6.675 vs PHS:UBP: -4.56

Competitive Comparison of Union Bank Of The Philippines's 6-1 Month Momentum %

For the Banks - Regional subindustry, Union Bank Of The Philippines'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.

Union Bank Of The Philippines's 6-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Union Bank Of The Philippines's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Union Bank Of The Philippines's 6-1 Month Momentum % falls into.

Union Bank Of The Philippines (PHS:UBP) 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.

Union Bank Of The Philippines (PHS:UBP) 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.

Union Bank Of The Philippines 6-1 Month Momentum % Related Terms

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Union Bank Of The Philippines (PHS:UBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank Of The Philippines Inc (PHS:UBP) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meralco Avenue corner Onyx and Sapphire Streets, UnionBank Plaza, Ortigas Center, Pasig, PHL, 1605

Website

https://www.unionbankph.com

Union Bank Of The Philippines Inc is a company which provides commercial banking products and services. It offers loans and deposits, cash management, retail banking, foreign exchange, capital markets, corporate and consumer finance, investment management and trust banking. The group's main operating business segments are Consumer Banking, Corporate and Commercial Banking, Treasury and Headquarters. The majority share of groups revenue is generated from Consumer Banking business segment which principally handles individual customers' deposits and provides consumer type loans, such as automobiles and mortgage financing, credit card facilities and funds transfer facilities.