Croghan Bancshares (Croghan Bancshares) Momentum Rank : 2 (As of Apr. 28, 2024)

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What is Croghan Bancshares Momentum Rank?

Croghan Bancshares 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 Croghan Bancshares's Momentum Rank

For the Banks - Regional subindustry, Croghan Bancshares'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.

Croghan Bancshares's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Croghan Bancshares's Momentum Rank falls into.

Croghan Bancshares Momentum Rank Related Terms

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

Croghan Bancshares (Croghan Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Croghan Bancshares Inc (OTCPK:CHBH) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

323 Croghan Street, Fremont, OH, USA, 43420

Website

https://www.croghan.com

Croghan Bancshares Inc operates as a bank holding company. It operates in one segment, Commercial Banking. The company offers a diverse range of commercial and retail banking services through its banking centers. Its products are comprised of traditional banking services such as consumer, commercial, agricultural, and real estate loans, personal and business checking accounts, savings accounts, time deposit accounts, safe deposit box services and trust department services.

Executives

James E Bowlus	director	460 KINGSGATE DRIVE, FREMONT OH 43420
Barry F Luse	officer: Vice President/Trust Officer	1927 ROBERT AVENUE, FREMONT OH 43420
Claire F Johansen	director	5600 SOUTH CR 19, TIFFIN OH 44883
Allen Michael D Sr	director	5639 SR 113, BELLEVUE OH 44811
James R Faist	director	119 CANTERBURY DRIVE, FREMONT OH 43420
Kendall W Rieman	officer: Vice President/CFO and COO	3339 CR 223, FREMONT OH 43420
Rick M Robertson	director, officer: President and CEO	1687 TOMAHAWK TRACE, FREMONT OH 43420
Stephen A Kemper	director	455 WEST MAIN STREET, BELLEVUE OH 44811
Daniel W Lease	director	2276 EAST STATE STREET, FREMONT OH 43420
Allan E Mehlow	director	2569 FANGBONER ROAD, FREMONT OH 43420
Thomas W Mclaughlin	director	2221 COLE CREEK DRIVE, NORWALK OH 44857
Elder Thomas J Jr	officer: Vice President	3584 SOUTH LINKER PORTAGE ROAD, ELMORE OH 43416-9730
Claude E Young	director	2242 SOUTH SR 19, GREEN SPRINGS OH 44836
John C Hoffman	officer: Controller	1207 JUNE STREET, FREMONT OH 43420
Robert H Moyer	director	519 SMITH ROAD, FREMONT OH 43420

Croghan Bancshares (Croghan Bancshares) Headlines

From GuruFocus

Croghan Colonial Bank and Croghan Bancshares, Inc. announce Future Leadership Changes

By PRNewswire PRNewswire • 10-18-2018