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Vericity (Vericity) Momentum Rank : 2 (As of May. 05, 2024)


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What is Vericity Momentum Rank?

Vericity has the Momentum Rank of 2.

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 Vericity's Momentum Rank

For the Insurance - Life subindustry, Vericity'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.


Vericity's Momentum Rank Distribution in the Insurance Industry

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

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



Vericity Momentum Rank Related Terms

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


Vericity (Vericity) Business Description

Traded in Other Exchanges
Address
1350 E Touhy Avenue, Suite 205W, Des Plaines, IL, USA, 60018
Vericity Inc, along with its subsidiaries, offers life insurance products to the middle American market. It operates through three segments namely Agency, Insurance, and Corporate. The Agency segment includes the insurance distribution operations of the company and includes commission revenue from the sale of Fidelity Life products. The Insurance segment, which is the key revenue generating segment, is composed of three broad lines consisting of Direct Life, Closed Block, and Assumed Life and Annuities.
Executives
Calvin Dong director C/O J.C. FLOWERS & CO. LLC, 767 FIFTH AVENUE, 23RD FLOOR, NEW YORK NY 10153
J. Christopher Flowers 10 percent owner 717 FIFTH AVENUE, 26TH FLOOR, NEW YORK NY 10022
Scott R Perry director 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Eric C Rahe director C/O AAMES FINANCIAL CORP, 350 S GRAND AVE 43RD FL, LOS ANGELES CA 90071
Apex Holdco Gp Llc 10 percent owner C/O J.C. FLOWERS & CO. LLC, 767 FIFTH AVENUE, 23RD FLOOR, NEW YORK NY 10153
Jcf Associates Iv L.p. 10 percent owner C/O J.C. FLOWERS & CO. LLC, 767 FIFTH AVENUE, 23RD FLOOR, NEW YORK NY 10153
Apex Holdco L.p. 10 percent owner C/O J.C. FLOWERS & CO. LLC, 767 FIFTH AVENUE, 23RD FLOOR, NEW YORK NY 10153
Laura R Zimmerman officer: See Remarks 8700 W. BRYN MAWR AVENUE, SUITE 900S, CHICAGO IL 60631
Neil Ashe director C/O ACUITY BRANDS, INC., 1170 PEACHTREE STREET, NE, STE 2300, ATLANTA GA 30309
Jcf Associates Iv Ltd. 10 percent owner C/O J.C. FLOWERS & CO. LLC, 767 FIFTH AVENUE, 23RD FLOOR, NEW YORK NY 10153
James W Schacht director 8700 W. BRYN MAWR AVENUE, SUITE 900S, CHICAGO IL 60631
Members Mutual Holding Co 10 percent owner 8700 W. BRYN MAWR AVENUE, SUITE 900S, CHICAGO IL 60631
Christopher Campbell officer: Executive Vice President 8700 W. BRYN MAWR AVENUE, SUITE 900S, CHICAGO IL 60631
John E Buchanan officer: See Remarks 8700 W. BRYN MAWR AVENUE, SUITE 900S, CHICAGO IL 60631
Chris S Kim officer: See Remarks 8700 W. BRYN MAWR AVENUE, SUITE 900S, CHICAGO IL 60631