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T. Rowe Price Group (FRA:TR1) 12-1 Month Momentum % : 9.83% (As of Apr. 27, 2024)


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What is T. Rowe Price Group 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 (2024-04-27), T. Rowe Price Group's 12-1 Month Momentum % is 9.83%.

The industry rank for T. Rowe Price Group's 12-1 Month Momentum % or its related term are showing as below:

FRA:TR1's 12-1 Month Momentum % is ranked better than
66.21% of 1746 companies
in the Asset Management industry
Industry Median: 1.915 vs FRA:TR1: 9.83

Competitive Comparison of T. Rowe Price Group's 12-1 Month Momentum %

For the Asset Management subindustry, T. Rowe Price Group'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.


T. Rowe Price Group's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's 12-1 Month Momentum % falls into.



T. Rowe Price Group  (FRA:TR1) 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.


T. Rowe Price Group  (FRA:TR1) 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.


T. Rowe Price Group 12-1 Month Momentum % Related Terms

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T. Rowe Price Group (FRA:TR1) Business Description

Address
100 East Pratt Street, Baltimore, MD, USA, 21202
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.

T. Rowe Price Group (FRA:TR1) Headlines

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