Latest news with #AAMI
ABC News
a day ago
- Automotive
- ABC News
Research shows one in five drivers admit disabling car safety features
An analysis by insurance company AAMI of 480,000 claims over the past year shows 20 per cent of drivers admit they sometimes turn off features in the car that are designed to improve safety. Steve Cratchley, motor insights and operations manager at AAMI, said the most commonly disabled features were lane keeping assist, lane departure warnings, autonomous emergency braking, and autonomous cruise control. Of the 20 per cent who did disable the features, 69 per cent said it was because they found the safety features annoying, distracting, and too sensitive. Twenty-three per cent said they did not think they needed safety assistance features, and 13 per cent said they did not trust them. Lane departure warning and lane keeping assist were the most disliked features. Mr Cratchley said it was in drivers' best interests to keep the features enabled. "They're designed to avoid crashes, so we're really encouraging people who have this technology to learn what they mean, to understand how they work and to actually have them switched on rather than disabled," he told Nadia Mitsopoulos on ABC Radio Perth. Mr Cratchley said switching to a new car with safety features they had not used before was a big adjustment for many drivers. "People like my father, for example. He's been a truck driver, he's driven for 60-odd years, and when he got his last car he immediately called me and said: 'Look, Steve, how do I turn all this off? It's annoying me. It's trying to kill me,'" he said. "But the reality is, he was driving against this technology, against these safety features. "What he found is that, as he learnt what the bells and whistles and the lights and the mirrors and these sort of things were actually advising him, he became a safer driver, and that meant that those around him were also safer and potentially would have fewer accidents." AAMI's crash report also found that nose-to-tail accidents were the most common, something that emergency braking and forward collision warning systems were designed to help prevent. "As some of my peers have found when they've got their first new car in many years, it really is a case of working with the dealer when you pick up that new vehicle and understanding how these features work and then working with them rather than working against them or disabling them," Mr Cratchley said. Text messages from ABC Radio Perth listeners revealed a deep dislike of adaptive safety features in new vehicles. Paul: "I drove a hire car in Scotland with lane departure features, and it was extremely dangerous. I could put up with the annoying flashing warning signs (when there wasn't any danger) but the violent swerving back to where the car thinks I should be, has been close to taking me off the road into fields!" Julie: "I find the sensors absolutely annoying, especially in the country. It dips my lights when it thinks there's enough light — but I don't want them dipped! There's no-one coming. Everyone's eyes are not the same." Mel: "I have had my Kia Carnival slam on the brakes nearly causing me to be rear-ended because it picked up the car in front that was in the left-hand turning lane rather than in front." Glenda: "I have recently bought a hybrid and it's driving me nuts. I have not turned off the safety features just turned my mind off. The beeping is so constant that it's overwhelming." Eva: "I was in a new work car and it came to a sudden stop as I was merging lanes, luckily with no-one behind me. I was unable to get the car to move at all when this happened. I had to wait for what seemed like an eternity before I was able to move forward. Apparently what could've happened is that the car may have detected an old line and so brought me to a dead stop." Others pointed out that passing could be unnerving when the lane keeping feature was enabled. Kat: "We travel on regional roads and turn off the white line guidance. We've had occasions where there's been a dead animal or other debris on the road, even trying to give a cyclist wide berth, and if you try to steer around it the white line assist will push you back into the hazard." Marty: "It's more dangerous to have lane keep assist on. I've nearly driven into other cars and cyclists when the car has steered me into them because of our dodgy road markings." Paul: "Lane departure is a pain. Passing cyclists does my head in." Lane departure assist, which forces a car back between white lines, is disabled if a driver turns on their indicator. But for some motorists, the safety supports in modern cars were very welcome. Pam: "I can't believe people would sacrifice safety and convenience for the occasional beeps. I have a new car with all the safety features, and I love them, and feel a bit safer now that I can rely on the car to be more vigilant than even I am." Cam: "Emergency braking and alerts saved me hitting a cyclist when they went through a red light. It saved his life."
The Advertiser
2 days ago
- Automotive
- The Advertiser
Australian drivers are turning off 'annoying' safety systems, study shows
Australian drivers are ditching safety systems they find "annoying", "distracting" and "too sensitive" – despite knowing they bring real-world benefits – according to a new report from insurance company, AAMI. The company's latest annual Crash Index, which surveyed more than 480,000 AAMI insurance claimants over the past 12 months, revealed almost one in five drivers nationwide admitted to turning off some of their vehicle's advanced driver assistance systems (ADAS). That's despite 59 per cent of them agreeing that ADAS functions improved road safety and reduced the number – and severity – of crashes. "In-car safety features aren't just gadgets, they're designed to help protect us and make our roads safer," said AAMI motor prevention manager Mary Kennedy in a statement. "We should be embracing these features, not turning them off." CarExpert can save you thousands on a new car. Click here to get a great deal. Of those who said they switched off safety systems, the function most often deactivated was lane departure warning/lane keeping, with 45 per cent admitting it was the first ADAS to be deactivated. Adaptive/radar cruise control was the next most turned-off safety aid, with 17 per cent of drivers who had turned off a feature admitting to avoiding its use. The most common reason for turning off the systems was that they were "annoying" or "distracting", with 69 per cent of drivers surveyed saying this led them to deactivating them. In 2023, Euro NCAP said it would work with automakers to minimise ADAS "noise pollution" and the "more annoying features of these technologies". "As much as it is a challenge to insist that manufacturers fit the latest safety technologies, the real challenge lies in convincing consumers of their necessity," Euro NCAP secretary general Michiel van Ratingen said in a statement. "There is a worrying trend of media and social channels encouraging drivers 'to turn them off'." Earlier this year, Chinese brand Leapmotor recalibrated some ADAS functions in the first model it released in Australia, the C10 mid-size electrified SUV, following media and customer criticism that its systems were too sensitive. The C10 has a five-star ANCAP rating and comes with lane-keep assist, emergency lane-keep assist and adaptive cruise control as standard. "Certainly, the feedback from very, very early on about the sensitivity of the ADAS has been one of the things that we continually work on," Leapmotor Australia boss Andy Hoang told Car Expert. Likewise, software in the Mitsubishi Triton dual-cab ute was updated in 2024 to reduce the sensitivity of its driver monitoring system. The AAMI research mirrors similar research conducted overseas, including a 2025 report by British consumer website Which? that showed more than half of drivers surveyed in the UK switched off safety systems. "We're looking at what is the safest, most insurable vehicle, rather than which one gives the least number of false interventions and the best driving comfort," Yousif Al-Ani, principal engineer for Thatcham Research, which assesses risk for insurance companies, told Which?. "Often, we have issues because those are two conflicting goals. In other words, a car that has ADAS set up to intervene sooner is inherently more insurable, but also more annoying to drive." In the UK, lane-keeping systems were the second most turned-off feature behind speed assist, which combines speed sign recognition and adaptive cruise control to adjust vehicle speed to the posted limit – when it works. Alarmingly, 34 per cent of UK drivers and 16 per cent of Australian drivers admitted to turning off automatic emergency braking (AEB). Proven to reduce incidents and injuries, AEB has been mandatory for all new cars sold in Australia since March 2025. A study conducted in the US by the Partnership for Analytics Research in Traffic Safety (PARTS) showed AEB contributed to a 46 per cent reduction in the number of rear-end crashes. It also showed that AEB systems with pedestrian detection reduced collisions with vulnerable road users by nine per cent. An earlier study showed that when AEB is paired with forward collision warning, the likelihood of motorists suffering injury in a collision fell by 53 per cent. MORE: How autonomous is my car? Levels of self-driving explained MORE: These are the safest cars tested by ANCAP in 2024 MORE: Yes, this safety tech has really reduced car crashes Content originally sourced from: Australian drivers are ditching safety systems they find "annoying", "distracting" and "too sensitive" – despite knowing they bring real-world benefits – according to a new report from insurance company, AAMI. The company's latest annual Crash Index, which surveyed more than 480,000 AAMI insurance claimants over the past 12 months, revealed almost one in five drivers nationwide admitted to turning off some of their vehicle's advanced driver assistance systems (ADAS). That's despite 59 per cent of them agreeing that ADAS functions improved road safety and reduced the number – and severity – of crashes. "In-car safety features aren't just gadgets, they're designed to help protect us and make our roads safer," said AAMI motor prevention manager Mary Kennedy in a statement. "We should be embracing these features, not turning them off." CarExpert can save you thousands on a new car. Click here to get a great deal. Of those who said they switched off safety systems, the function most often deactivated was lane departure warning/lane keeping, with 45 per cent admitting it was the first ADAS to be deactivated. Adaptive/radar cruise control was the next most turned-off safety aid, with 17 per cent of drivers who had turned off a feature admitting to avoiding its use. The most common reason for turning off the systems was that they were "annoying" or "distracting", with 69 per cent of drivers surveyed saying this led them to deactivating them. In 2023, Euro NCAP said it would work with automakers to minimise ADAS "noise pollution" and the "more annoying features of these technologies". "As much as it is a challenge to insist that manufacturers fit the latest safety technologies, the real challenge lies in convincing consumers of their necessity," Euro NCAP secretary general Michiel van Ratingen said in a statement. "There is a worrying trend of media and social channels encouraging drivers 'to turn them off'." Earlier this year, Chinese brand Leapmotor recalibrated some ADAS functions in the first model it released in Australia, the C10 mid-size electrified SUV, following media and customer criticism that its systems were too sensitive. The C10 has a five-star ANCAP rating and comes with lane-keep assist, emergency lane-keep assist and adaptive cruise control as standard. "Certainly, the feedback from very, very early on about the sensitivity of the ADAS has been one of the things that we continually work on," Leapmotor Australia boss Andy Hoang told Car Expert. Likewise, software in the Mitsubishi Triton dual-cab ute was updated in 2024 to reduce the sensitivity of its driver monitoring system. The AAMI research mirrors similar research conducted overseas, including a 2025 report by British consumer website Which? that showed more than half of drivers surveyed in the UK switched off safety systems. "We're looking at what is the safest, most insurable vehicle, rather than which one gives the least number of false interventions and the best driving comfort," Yousif Al-Ani, principal engineer for Thatcham Research, which assesses risk for insurance companies, told Which?. "Often, we have issues because those are two conflicting goals. In other words, a car that has ADAS set up to intervene sooner is inherently more insurable, but also more annoying to drive." In the UK, lane-keeping systems were the second most turned-off feature behind speed assist, which combines speed sign recognition and adaptive cruise control to adjust vehicle speed to the posted limit – when it works. Alarmingly, 34 per cent of UK drivers and 16 per cent of Australian drivers admitted to turning off automatic emergency braking (AEB). Proven to reduce incidents and injuries, AEB has been mandatory for all new cars sold in Australia since March 2025. A study conducted in the US by the Partnership for Analytics Research in Traffic Safety (PARTS) showed AEB contributed to a 46 per cent reduction in the number of rear-end crashes. It also showed that AEB systems with pedestrian detection reduced collisions with vulnerable road users by nine per cent. An earlier study showed that when AEB is paired with forward collision warning, the likelihood of motorists suffering injury in a collision fell by 53 per cent. MORE: How autonomous is my car? Levels of self-driving explained MORE: These are the safest cars tested by ANCAP in 2024 MORE: Yes, this safety tech has really reduced car crashes Content originally sourced from: Australian drivers are ditching safety systems they find "annoying", "distracting" and "too sensitive" – despite knowing they bring real-world benefits – according to a new report from insurance company, AAMI. The company's latest annual Crash Index, which surveyed more than 480,000 AAMI insurance claimants over the past 12 months, revealed almost one in five drivers nationwide admitted to turning off some of their vehicle's advanced driver assistance systems (ADAS). That's despite 59 per cent of them agreeing that ADAS functions improved road safety and reduced the number – and severity – of crashes. "In-car safety features aren't just gadgets, they're designed to help protect us and make our roads safer," said AAMI motor prevention manager Mary Kennedy in a statement. "We should be embracing these features, not turning them off." CarExpert can save you thousands on a new car. Click here to get a great deal. Of those who said they switched off safety systems, the function most often deactivated was lane departure warning/lane keeping, with 45 per cent admitting it was the first ADAS to be deactivated. Adaptive/radar cruise control was the next most turned-off safety aid, with 17 per cent of drivers who had turned off a feature admitting to avoiding its use. The most common reason for turning off the systems was that they were "annoying" or "distracting", with 69 per cent of drivers surveyed saying this led them to deactivating them. In 2023, Euro NCAP said it would work with automakers to minimise ADAS "noise pollution" and the "more annoying features of these technologies". "As much as it is a challenge to insist that manufacturers fit the latest safety technologies, the real challenge lies in convincing consumers of their necessity," Euro NCAP secretary general Michiel van Ratingen said in a statement. "There is a worrying trend of media and social channels encouraging drivers 'to turn them off'." Earlier this year, Chinese brand Leapmotor recalibrated some ADAS functions in the first model it released in Australia, the C10 mid-size electrified SUV, following media and customer criticism that its systems were too sensitive. The C10 has a five-star ANCAP rating and comes with lane-keep assist, emergency lane-keep assist and adaptive cruise control as standard. "Certainly, the feedback from very, very early on about the sensitivity of the ADAS has been one of the things that we continually work on," Leapmotor Australia boss Andy Hoang told Car Expert. Likewise, software in the Mitsubishi Triton dual-cab ute was updated in 2024 to reduce the sensitivity of its driver monitoring system. The AAMI research mirrors similar research conducted overseas, including a 2025 report by British consumer website Which? that showed more than half of drivers surveyed in the UK switched off safety systems. "We're looking at what is the safest, most insurable vehicle, rather than which one gives the least number of false interventions and the best driving comfort," Yousif Al-Ani, principal engineer for Thatcham Research, which assesses risk for insurance companies, told Which?. "Often, we have issues because those are two conflicting goals. In other words, a car that has ADAS set up to intervene sooner is inherently more insurable, but also more annoying to drive." In the UK, lane-keeping systems were the second most turned-off feature behind speed assist, which combines speed sign recognition and adaptive cruise control to adjust vehicle speed to the posted limit – when it works. Alarmingly, 34 per cent of UK drivers and 16 per cent of Australian drivers admitted to turning off automatic emergency braking (AEB). Proven to reduce incidents and injuries, AEB has been mandatory for all new cars sold in Australia since March 2025. A study conducted in the US by the Partnership for Analytics Research in Traffic Safety (PARTS) showed AEB contributed to a 46 per cent reduction in the number of rear-end crashes. It also showed that AEB systems with pedestrian detection reduced collisions with vulnerable road users by nine per cent. An earlier study showed that when AEB is paired with forward collision warning, the likelihood of motorists suffering injury in a collision fell by 53 per cent. MORE: How autonomous is my car? Levels of self-driving explained MORE: These are the safest cars tested by ANCAP in 2024 MORE: Yes, this safety tech has really reduced car crashes Content originally sourced from: Australian drivers are ditching safety systems they find "annoying", "distracting" and "too sensitive" – despite knowing they bring real-world benefits – according to a new report from insurance company, AAMI. The company's latest annual Crash Index, which surveyed more than 480,000 AAMI insurance claimants over the past 12 months, revealed almost one in five drivers nationwide admitted to turning off some of their vehicle's advanced driver assistance systems (ADAS). That's despite 59 per cent of them agreeing that ADAS functions improved road safety and reduced the number – and severity – of crashes. "In-car safety features aren't just gadgets, they're designed to help protect us and make our roads safer," said AAMI motor prevention manager Mary Kennedy in a statement. "We should be embracing these features, not turning them off." CarExpert can save you thousands on a new car. Click here to get a great deal. Of those who said they switched off safety systems, the function most often deactivated was lane departure warning/lane keeping, with 45 per cent admitting it was the first ADAS to be deactivated. Adaptive/radar cruise control was the next most turned-off safety aid, with 17 per cent of drivers who had turned off a feature admitting to avoiding its use. The most common reason for turning off the systems was that they were "annoying" or "distracting", with 69 per cent of drivers surveyed saying this led them to deactivating them. In 2023, Euro NCAP said it would work with automakers to minimise ADAS "noise pollution" and the "more annoying features of these technologies". "As much as it is a challenge to insist that manufacturers fit the latest safety technologies, the real challenge lies in convincing consumers of their necessity," Euro NCAP secretary general Michiel van Ratingen said in a statement. "There is a worrying trend of media and social channels encouraging drivers 'to turn them off'." Earlier this year, Chinese brand Leapmotor recalibrated some ADAS functions in the first model it released in Australia, the C10 mid-size electrified SUV, following media and customer criticism that its systems were too sensitive. The C10 has a five-star ANCAP rating and comes with lane-keep assist, emergency lane-keep assist and adaptive cruise control as standard. "Certainly, the feedback from very, very early on about the sensitivity of the ADAS has been one of the things that we continually work on," Leapmotor Australia boss Andy Hoang told Car Expert. Likewise, software in the Mitsubishi Triton dual-cab ute was updated in 2024 to reduce the sensitivity of its driver monitoring system. The AAMI research mirrors similar research conducted overseas, including a 2025 report by British consumer website Which? that showed more than half of drivers surveyed in the UK switched off safety systems. "We're looking at what is the safest, most insurable vehicle, rather than which one gives the least number of false interventions and the best driving comfort," Yousif Al-Ani, principal engineer for Thatcham Research, which assesses risk for insurance companies, told Which?. "Often, we have issues because those are two conflicting goals. In other words, a car that has ADAS set up to intervene sooner is inherently more insurable, but also more annoying to drive." In the UK, lane-keeping systems were the second most turned-off feature behind speed assist, which combines speed sign recognition and adaptive cruise control to adjust vehicle speed to the posted limit – when it works. Alarmingly, 34 per cent of UK drivers and 16 per cent of Australian drivers admitted to turning off automatic emergency braking (AEB). Proven to reduce incidents and injuries, AEB has been mandatory for all new cars sold in Australia since March 2025. A study conducted in the US by the Partnership for Analytics Research in Traffic Safety (PARTS) showed AEB contributed to a 46 per cent reduction in the number of rear-end crashes. It also showed that AEB systems with pedestrian detection reduced collisions with vulnerable road users by nine per cent. An earlier study showed that when AEB is paired with forward collision warning, the likelihood of motorists suffering injury in a collision fell by 53 per cent. MORE: How autonomous is my car? Levels of self-driving explained MORE: These are the safest cars tested by ANCAP in 2024 MORE: Yes, this safety tech has really reduced car crashes Content originally sourced from:
Yahoo
3 days ago
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Acadian Asset Management (AAMI) is a Great Choice
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Acadian Asset Management (AAMI), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Acadian Asset Management currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? Let's discuss some of the components of the Momentum Style Score for AAMI that show why this asset manager shows promise as a solid momentum pick. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For AAMI, shares are up 4.58% over the past week while the Zacks Financial - Miscellaneous Services industry is flat over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 27.42% compares favorably with the industry's 7.95% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Acadian Asset Management have risen 48.59%, and are up 62.52% in the last year. On the other hand, the S&P 500 has only moved 19.65% and 14.95%, respectively. Investors should also pay attention to AAMI's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. AAMI is currently averaging 292,175 shares for the last 20 days. Earnings Outlook The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with AAMI. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost AAMI's consensus estimate, increasing from $2.86 to $3.18 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Bottom Line Taking into account all of these elements, it should come as no surprise that AAMI is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Acadian Asset Management on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Acadian Asset Management Inc. (AAMI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
4 days ago
- Sport
- Yahoo
Storm hit with NRL premiership truth bomb as legend makes huge call on Panthers
League great Greg Alexander has cast doubts over suggestions the Melbourne Storm are NRL premiership favourites this year and has tipped the Raiders to beat them to the minor premiership. While fellow Penrith legend Scott Sattler says the stunning form of the resurgent Panthers has convinced him they can win a fifth straight grand final in 2025. The Storm's hopes of ending the regular season on top of the ladder took a hit on Saturday night when they went down by two points to Manly in a 16-18 nail-biter at AAMI stadium. Melbourne were seven wins from seven at home before that defeat to the Sea Eagles and saw their six-game NRL winning streak snapped after a gutsy display from Manly. It sparked fresh questions about whether the third-placed Storm deserved to be considered favourites to win the grand final this season. Craig Bellamy's side were still without superstar fullback Ryan Papenhuyzen, who missed his third game in a row with a calf strain. His return will be a massive boost for Melbourne's premiership hopes but Alexander says he's still not completely convinced they're the team to beat. "It's hard to go past Papenhuyzen, Munster, Hughes and Grant. That's the best spine in the game," Alexander said on SEN radio. "The size of the pack, the middles, (Trent) Loiero's an Origin player. Nelson (Asofa-Solomona), Stefano (Utoikamanu), Josh King, it's a big middle and they've got some quality players coming off the bench. "So I guess they are (premiership favourites) but they haven't set the world on fire and if you have a look at the six wins and who they've been against, they got beaten by the Sharks and then went on a six-game run. They beat the Titans, the Cowboys twice, the Bunnies, the Sharks - who were in a hell of a hole when they beat them - and Newcastle." Alexander says while the Storm have been short-priced favourites to win the premiership all season, he sees the same sort of inconsistencies in their displays as other rivals, save from perhaps the ladder-leading Raiders. "They will be the minor premiers, he said about Ricky Stuart's Canberra side. "The run they have home certainly favours the Raiders, who showed again just how dangerous they can be with the ball. They were down against the Eels but they destroyed them in the second half with five tries." The injury-hit Warriors are the only team currently in the top six who Alexander has written off as premiership contenders. But he believes any of the Raiders, Bulldogs, Broncos or Panthers are capable of preventing the Storm from winning the grand final. RELATED: Tigers player escapes charge over tackle that left superstar injured Craig Bellamy flags further absence for Storm star Cameron Munster Latrell moment says it all as Souths cop another season-ending blow Penrith legend backs club to win a fifth straight premiership And fellow Panthers legend Sattler is convinced his former club can win an unprecedented fifth straight NRL premiership after extending their winning streak to six games with Friday night's 30-10 win against South Sydney. 'They can, based on the aura... and it doesn't matter if they finish 5th or 6th, cause a home elimination/semi-final to them is irrelevant," Sattler said on SEN radio. 'And they've got players that know how to win and how to prepare.' The Panthers sat dead-last after 12 rounds and many had written off their chances in 2025 but Ivan Cleary's side are now up into sixth after their stunning resurgence. And veteran league reporter Andrew Webster backed Sattler's call about the Panthers and believes their Origin stars will have extra motivation to win another comp after their heartbreaking series loss with NSW. 'When Queensland lose (in Origin), those Melbourne Storm Queenslanders usually rise to the occasion and they go pretty close (to winning),' he said on SEN. 'I reckon that could be the case for Penrith. That will be the motivation for the likes of (Liam) Martin, (Dylan) Edwards, Cleary, Yeo and (Brian) To'o. They go to a new level, and they are a different team in September, and that's how they approach it.'
Yahoo
03-07-2025
- Business
- Yahoo
Acadian Asset Management (AAMI) is a Great Momentum Stock: Should You Buy?
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Acadian Asset Management (AAMI), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Acadian Asset Management currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if AAMI is a promising momentum pick, let's examine some Momentum Style elements to see if this asset manager holds up. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For AAMI, shares are up 11.41% over the past week while the Zacks Financial - Miscellaneous Services industry is up 3.35% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 22.5% compares favorably with the industry's 7.02% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Acadian Asset Management have increased 40.86% over the past quarter, and have gained 61.47% in the last year. On the other hand, the S&P 500 has only moved 10.24% and 14.41%, respectively. Investors should also take note of AAMI's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, AAMI is averaging 241,693 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with AAMI. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost AAMI's consensus estimate, increasing from $2.65 to $3.18 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that AAMI is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Acadian Asset Management on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Acadian Asset Management Inc. (AAMI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
