The Hanover Insurance Group (The Hanover Insurance Group) Momentum Rank : 9 (As of May. 05, 2024)

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What is The Hanover Insurance Group Momentum Rank?

The Hanover Insurance Group has the Momentum Rank of 9.

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 The Hanover Insurance Group's Momentum Rank

For the Insurance - Property & Casualty subindustry, The Hanover Insurance Group'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.

The Hanover Insurance Group's Momentum Rank Distribution in the Insurance Industry

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

* The bar in red indicates where The Hanover Insurance Group's Momentum Rank falls into.

The Hanover Insurance Group Momentum Rank Related Terms

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The Hanover Insurance Group (The Hanover Insurance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Hanover Insurance Group Inc (NYSE:THG) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

AF4:Germany

Address

440 Lincoln Street, Worcester, MA, USA, 01653

Website

https://www.hanover.com

The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business internationally through a wholly owned subsidiary, Chaucer Holdings Limited, domiciled in the United Kingdom. The company conducts business operations through three operating segments: Commercial Lines, Personal Lines and Other. The company operates an investment portfolio that is primarily exposed to fixed-income securities.

Executives

Jane D Carlin	director	C/O PHH CORPORATION, 3000 LEADENHALL ROAD, MT. LAUREL NJ 08054
David John Lovely	officer: Executive Vice President	440 LINCOLN STREET, WORCESTER MA 01653
Mark Joseph Welzenbach	officer: Senior Vice President	C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET (S-316), WORCESTER MA 01653
Elizabeth A Ward	director	440 LINCOLN STREET, WORCESTER MA 01653
Francisco Aristeguieta	director	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
John C Roche	officer: Vice President	C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Warren E Barnes	officer: Vice President of Subsidiary	THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Richard W Lavey	officer: Vice President of Subsidiary	THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Jeffrey M Farber	officer: Executive Vice President	C/O THE HANOVER INSURANCE GROUP, 440 LINCOLN STREET, WORCESTER MA 01653
Willard T Lee	officer: Senior Vice President	440 LINCOLN STREET, WORCESTER MA 01653
Bryan J Salvatore	officer: Executive Vice President	440 LINCOLN STREET, N435, WORCESTER MA 01653
J Paul Condrin	director	440 LINCOLN STREET, WORCESTER MA 01653
Bunting Theodore H Jr	director	P. O. BOX 61000, NEW ORLEANS LA 70161
Martin P Hughes	director	C/O HUB INTERNATIONAL LIMITED, 55 EAST JACKSON BLVD, CHICAGO IL 60604
Dennis Francis Kerrigan	officer: Executive Vice President	440 LINCOLN STREET, E-10, WORCESTER MA 01653