Personal Group Holdings (LSE:PGH) Momentum Rank : 2 (As of May. 09, 2024)

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What is Personal Group Holdings Momentum Rank?

Personal Group Holdings 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 Personal Group Holdings's Momentum Rank

For the Insurance - Property & Casualty subindustry, Personal Group Holdings'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.

Personal Group Holdings's Momentum Rank Distribution in the Insurance Industry

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

* The bar in red indicates where Personal Group Holdings's Momentum Rank falls into.

Personal Group Holdings Momentum Rank Related Terms

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Personal Group Holdings (LSE:PGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Personal Group Holdings PLC (LSE:PGH) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

PGH.GB:UK

Address

899 Silbury Boulevard, John Ormond House, Milton Keynes, GBR, MK9 3XL

Website

https://www.personalgroup.com

Personal Group Holdings PLC is a UK-based insurance that provides benefits and services focused on improving employee health, well-being, and engagement. The group is principally engaged in providing short-term accident and health insurance and provide salary sacrifice technology products. It provides a range of employee benefits, from retail discounts to salary sacrifice schemes, including cycle to work, childcare vouchers, and home technology as well as a range of in-house insurance products such as hospital cash plan, death benefit, and convalescence cover. The company manages its business into four reportable segments namely Pay & Reward, Benefits Platform, Affordable Insurance, and Other owned benefits.