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Royal Bancshares of Pennsylvania (Royal Bancshares of Pennsylvania) Momentum Rank : 0 (As of May. 07, 2024)


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What is Royal Bancshares of Pennsylvania Momentum Rank?

Royal Bancshares of Pennsylvania 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.


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Royal Bancshares of Pennsylvania (Royal Bancshares of Pennsylvania) Business Description

Traded in Other Exchanges
N/A
Address
Royal Bancshares of Pennsylvania Inc is a bank holding company for Royal Bank America. The Bank operates as a commercial bank, and offers checking accounts, savings and time deposits, and loans, including residential mortgages, home equity and SBA loans.
Executives
F Kevin Tylus director, officer: President & CEO 2465 KUSER ROAD HAMILTON NJ 08690
Gerard M Thomchick director 22 N 6TH ST, INDIANA PA 15701
Lars B Eller officer: EVP CHIEF RETAIL BANKING OFF. 214 CALEB STREET, WEST CHESTER PA 19382
Jay H Shah director 44 HERSHA DRIVE, HARRISBURG PA 17102
Smith Douglas J R other: CHIEF CREDIT OFFICER, EVP 713 RODMAN STREET PHILADELPHIA PA 19147
Jeffrey Hanuscin other: Sr. Vice President, Treasurer 1834 OREGON AVENUE PHILADELPHIA PA 19145

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