6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-28), Guild Holdings Co's 6-1 Month Momentum % is 40.77%.
The industry rank for Guild Holdings Co's 6-1 Month Momentum % or its related term are showing as below:
GHLD's 6-1 Month Momentum % is ranked better than 91.45% of 1556
companies
in the Banks industry
Industry Median: 10.255
vs GHLD: 40.77
Competitive Comparison of Guild Holdings Co's 6-1 Month Momentum %
For the Mortgage Finance subindustry, Guild Holdings Co'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.
Guild Holdings Co's 6-1 Month Momentum % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Guild Holdings Co's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Guild Holdings Co's 6-1 Month Momentum % falls into.
Guild Holdings Co (NYSE:GHLD) 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.
Guild Holdings Co (NYSE:GHLD) 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.
Guild Holdings Co 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Guild Holdings Co's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Guild Holdings Co (Guild Holdings Co) Business Description
Guild Holdings Co is a growth-oriented mortgage company. It operates in two segments; The origination segment operates its loan origination business throughout the United States. It is responsible for loan origination, acquisition, and sale activities. This segment is further divided into retail and correspondent channel, and The servicing segment provides a steady stream of cash flow to support the origination segment more importantly it allows for the Company to build long-standing client relationships that drive repeat and referral business back to the origination segment to recapture the client's next mortgage transaction. It is responsible for the servicing activities of all loans in its servicing portfolio. It generates a majority of its revenue from the Origination segment.
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