DFV Deutsche Familienversicherung AG (FRA:DFV) Momentum Rank : 1 (As of May. 09, 2024)

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What is DFV Deutsche Familienversicherung AG Momentum Rank?

DFV Deutsche Familienversicherung AG has the Momentum Rank of 1.

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 DFV Deutsche Familienversicherung AG's Momentum Rank

For the Insurance - Diversified subindustry, DFV Deutsche Familienversicherung AG'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.

DFV Deutsche Familienversicherung AG's Momentum Rank Distribution in the Insurance Industry

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

* The bar in red indicates where DFV Deutsche Familienversicherung AG's Momentum Rank falls into.

DFV Deutsche Familienversicherung AG Momentum Rank Related Terms

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DFV Deutsche Familienversicherung AG (FRA:DFV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » DFV Deutsche Familienversicherung AG (FRA:DFV) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

DFV:Germany DFV:Germany

Address

Reuterweg 47, Frankfurt, DEU, 60323

Website

https://www.deutsche-familienversicherung.de

DFV Deutsche Familienversicherung AG is an InsurTech company. As a digital insurance company, the company covers the entire value chain with its own products. The company's goal is to offer insurance products that people really need and understand immediately. The company offers its customers multiple supplementary health insurance (dental, health, and long-term care insurance) as well as property/casualty insurance. The company is developing the IT system in-house and is engaging the insurance industry with digital product designs throughout as well as the option of taking out policies via digital voice assistants. The Company sets new industry standards with its fully digitized product design and is the first insurance company to offer insurance contracts via Amazon Alexa.

DFV Deutsche Familienversicherung AG (FRA:DFV) Headlines

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