Heartland Financial USA (FRA:1H4) Momentum Rank : 10 (As of May. 23, 2024)

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What is Heartland Financial USA Momentum Rank?

Heartland Financial USA has the Momentum Rank of 10.

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 Heartland Financial USA's Momentum Rank

For the Banks - Regional subindustry, Heartland Financial USA'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.

Heartland Financial USA's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heartland Financial USA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Heartland Financial USA's Momentum Rank falls into.

Heartland Financial USA Momentum Rank Related Terms

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Heartland Financial USA (FRA:1H4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heartland Financial USA Inc (FRA:1H4) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

HTLFP.PFD:USA HTLF:USA

Address

1800 Larimer Street, Suite 1800, Denver, CO, USA, 80202

Website

https://www.htlf.com

Heartland Financial USA Inc is a multi-bank holding company that offers a wide range of commercial, small business, and consumer banking services to businesses, including public sector and non-profit entities, and individuals. It also provides traditional and non-traditional service channels including online banking, mobile/remote banking, and telephone banking. The company's business lines are Commercial Banking, Agricultural Loans, Small Business Banking, Residential Real Estate Mortgage Lending, Consumer Banking, and Wealth Management and Retirement Plan Services.

Heartland Financial USA (FRA:1H4) Headlines

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