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Commercial Bancshares (Commercial Bancshares) Momentum Rank : 0 (As of May. 05, 2024)


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What is Commercial Bancshares Momentum Rank?

Commercial Bancshares has the Momentum Rank of 0.

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.


Commercial Bancshares Momentum Rank Related Terms

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Commercial Bancshares (Commercial Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Commercial Bancshares Inc is a corporation organized under the laws of the State of Ohio on April 20, 1920. It operates as a financial holding company for The Commercial Savings Bank. The main business of the Corporation presently is to operate the Bank, which is a wholly-owned subsidiary, and its main asset. The Bank provides customary retail and commercial banking services to its customers, including acceptance of deposits for demand, savings and time accounts, individual retirement accounts (IRAs) and servicing of such accounts; commercial, consumer and real estate lending, including installment loans, and safe deposit and night depository facilities. The Bank grants residential, installment and commercial loans to customers located mainly in the Ohio counties of Wyandot, Marion and Hancock and the surrounding area. Commercial loans are mainly variable rate and include operating lines of credit and term loans made to small businesses mainly based on the ability to repay the loan from the cash flow of the business. The Bank, Commercial Financial and Beck Title compete for business mainly in the Ohio counties of Wyandot, Hancock and Marion. The business in which the Corporation and its subsidiary are engaged is subject to extensive supervision, regulation and examination by various bank regulatory authorities.
Executives
Robert E Beach director, officer: President and CEO 2120 BLUESTONE DRIVE, FINDLAY OH 45840

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