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Harleysville Financial (Harleysville Financial) Momentum Rank : 2 (As of Apr. 29, 2024)


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What is Harleysville Financial Momentum Rank?

Harleysville Financial has the Momentum Rank of 2.

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 Harleysville Financial's Momentum Rank

For the Banks - Regional subindustry, Harleysville Financial'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.


Harleysville Financial's Momentum Rank Distribution in the Banks Industry

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

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



Harleysville Financial Momentum Rank Related Terms

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


Harleysville Financial (Harleysville Financial) Business Description

Traded in Other Exchanges
N/A
Address
271 Main Street, Harleysville, PA, USA, 19438
Harleysville Financial Corp is a United States-based company that offers various banking services. It is mainly involved in the business of attracting deposits from the general public and business customers through a variety of deposit programs and investing such deposits mainly in first mortgage loans secured by residential properties in the Bank's primary market area. Its products and services portfolio offers checking accounts, savings accounts, cash deposits, business checking, business savings and banking services, personal loans, credit, etc. Its customers are mainly in southeastern Pennsylvania.
Executives
Edward J Molnar officer: Chairman/CEO 102 MADISON WAY, LANSDALE PA 19446
Charlotte A Hunsberger director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Sheri L Strouse officer: Senior Vice President 2861 DENBEIGH DRIVE, HATFIELD PA 19440
Brendan J Mcgill officer: Senior Vice President
James L Rittenhouse director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Sanford L Alderfer director HARLEYSVILLE SAVINGS FINANCIAL CORP, 271 MAIN STREET, HARLEYSVILLE PA 19438
Thomas D Clemens director 1355 KEELER ROAD, LANSDALE PA 19446
Adrian D Gordon officer: Senior Vice President 30 ASHFORD WAY, SCHWENKSVILLE PA 79473
Ronald B Geib officer: President 157 E WOODS DR, HARLEYSVILLE PA 19438
David J Friesen director 485 QUARRY RD, HARLEYSVILLE PA 19438
Mark R Cummins director 355 MAPLE AVE, HARLEYSVILLE PA 19438-2297
Stephen J Kopenhaver officer: Senior Vice President 324 NORTH 40TH STREET, ALLENTOWN PA 18104
Philip A Clemens director 485 QUARRY RD, HARLEYSVILLE PA 19438
George W Meschter director 1415 S COLLEGEVILLE RD, COLLEGEVILLE PA 19426
Marian Bickerstaff officer: Senior Vice President 102 MADISON WAY, LANSDALE PA 19446

Harleysville Financial (Harleysville Financial) Headlines