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BAM (Brookfield Asset Management) 12-1 Month Momentum % : 64.95% (As of Oct. 31, 2024)


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What is Brookfield Asset Management 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-10-31), Brookfield Asset Management's 12-1 Month Momentum % is 64.95%.

The industry rank for Brookfield Asset Management's 12-1 Month Momentum % or its related term are showing as below:

BAM's 12-1 Month Momentum % is ranked better than
91.24% of 1723 companies
in the Asset Management industry
Industry Median: 16.58 vs BAM: 64.95

Competitive Comparison of Brookfield Asset Management's 12-1 Month Momentum %

For the Asset Management subindustry, Brookfield Asset Management's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.


Brookfield Asset Management's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Asset Management's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Brookfield Asset Management's 12-1 Month Momentum % falls into.



Brookfield Asset Management  (NYSE:BAM) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-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.


Brookfield Asset Management  (NYSE:BAM) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.


Brookfield Asset Management 12-1 Month Momentum % Related Terms

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Brookfield Asset Management Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3
Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.