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Fidelity Southern (Fidelity Southern) Momentum Rank : 0 (As of Apr. 30, 2024)


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What is Fidelity Southern Momentum Rank?

Fidelity Southern 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.

Fidelity Southern Momentum Rank Related Terms

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Fidelity Southern (Fidelity Southern) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fidelity Southern Corp (NAS:LION) » Definitions » Momentum Rank
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Traded in Other Exchanges
N/A
Address
3490 Piedmont Road, Suite 1550, Atlanta, GA, USA, 30305
Website
http://www.fidelitysouthern.com
Fidelity Southern Corporation operates as the bank holding company based in the metropolitan Atlanta area. It offers financial products and services for business and retail customers primarily in the metropolitan Atlanta and Jacksonville, Orlando and Sarasota-Bradenton and Florida markets. The company serves both individuals and small to medium-sized businesses. It is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and installment loans. In addition, it also conducts indirect automobile lending, residential mortgage lending, and Small Business Administration lending activities in over 10 states.
Executives
William Millard Choate director 3490 PIEDMONT ROAD, SUITE 1550, ATLANTA GA 30305
Rodney D Bullard director 3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Miller James B Jr director, 10 percent owner, officer: Chairman, other: Executive Officer C/O FIDELITY SOUTHERN CORPORATION, 3490 PIEDMONT ROAD #1550, ATLANTA GA 30305
Proctor H Palmer Jr director, officer: Executive officer
Stephen H Brolly officer: Chief Financial Officer, other: Executive Officer 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Miller James H Iii director GEORGIA POWER CO, BIN 10240 241 RALPH MCGILL BLVD, ATLANTA GA 30308-3374