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National Western Life Group (National Western Life Group) Momentum Rank : 3 (As of May. 02, 2024)


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What is National Western Life Group Momentum Rank?

National Western Life Group has the Momentum Rank of 3.

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 National Western Life Group's Momentum Rank

For the Insurance - Life subindustry, National Western Life 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.


National Western Life Group's Momentum Rank Distribution in the Insurance Industry

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

* The bar in red indicates where National Western Life Group's Momentum Rank falls into.



National Western Life Group Momentum Rank Related Terms

Thank you for viewing the detailed overview of National Western Life Group's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


National Western Life Group (National Western Life Group) Business Description

Traded in Other Exchanges
N/A
Address
10801 N. Mopac Expy Building 3, Austin, TX, USA, 78759
National Western Life Group Inc is a global insurance company that provides insurance products for the savings, protection, and retirement needs of policyholders. The company's product portfolio includes individual whole life, universal life and term insurance plans, and annuities. The company is organized into four operating business segments based on product types and geographic marketing areas: Domestic life insurance, International life insurance, Annuities, and Acquired businesses. The annuities segment contributes roughly half of the company's revenue, and most of the company's revenue is earned in the United States.
Executives
E J Pederson director 850 EAST ANDERSON LANE, AUSTIN TX 78752
Ross R Moody director, officer: President & Interim CEO 850 E. ANDERSON LANE, AUSTIN TX 78752
David S Boone director AMERICAN CARESOURCE HOLDINGS, INC., 5429 LYNDON B. JOHNSON FREEWAY, #100, DALLAS TX 75240
Thomas A Blackwell director 850 E. ANDERSON LANE, AUSTIN TX 78752
Rey Jr Perez officer: Sr VP - CLO & Secretary 850 E. ANDERSON LANE, AUSTIN TX 78752
Gina Byrne Miller other: NWLIC SVP - CLO & Secretary 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Allison L Lounsbury other: NWLIC - VP Controller 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Van De Berg Stephen M other: NWLIC - SVP Chief Actuary CRO 10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Chad J Tope other: NWLIC - EVP CMO 10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Natalie U Anderson other: NWLIC - VP Head of Investments 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Robert L Moody 10 percent owner 850 EAST ANDERSON LANE, AUSTIN TX 78752
Robert L. Moody Revocable Trust 10 percent owner C/O MOODY NATIONAL BANK, 2302 POSTOFFICE ST., GALVESTON TX 77550
Gregory J Owen other: NWLIC - SVP CIO 10801 N. MOPAC EXPY BLDG 3, AUSTIN TX 78759
Russell S. Moody director 850 E. ANDERSON LANE, AUSTIN TX 78752
E Douglas Mcleod director 850 EAST ANDERSON LANE, AUSTIN TX 78752