Navigators Group (Navigators Group) 6-1 Month Momentum % : 0.87% (As of May. 05, 2024)

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What is Navigators 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 (2024-05-05), Navigators Group's 6-1 Month Momentum % is 0.87%.

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

NAVG's 6-1 Month Momentum % is not ranked
in the Insurance industry.
Industry Median: 7.6 vs NAVG: 0.87

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

For the Insurance - Property & Casualty subindustry, Navigators 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.

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

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

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

Navigators Group (NAS:NAVG) 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.

Navigators Group (NAS:NAVG) 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.

Navigators Group 6-1 Month Momentum % Related Terms

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Navigators Group (Navigators Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Navigators Group Inc (NAS:NAVG) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Atlantic Street, Stamford, CT, USA, 06901

Website

http://www.navg.com

Navigators Group is a property and casualty insurance company that operates multiple segments, including marine, property and casualty, and professional liabilities. Navigators splits these segments apart by region according to either United States exposure or international exposure. The vast majority of the company's revenue comes from its United States property and casualty business. Navigators distributes its products through a network of insurance brokers. The company considers merger and acquisition investment as a component of its operational growth strategy.

Executives

Meryl D Hartzband	director	C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Patricia H Roberts	director	C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Denise Lowsley	officer: SVP, Chief HR Officer	C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Loriann Lowery-biggers	officer: SVP,Chief Marketing Officer	BALDWIN & LYONS, INC. 111 CONGRESSIONAL BLVD. CARMEL IN 46032
Bruce J Byrnes	officer: SVP & General Counsel	399 THORNAL STREET, EDISON NJ 08837
W Thomas Forrester	director	6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143