Financial Institutions (Financial Institutions) Momentum Rank : 8 (As of Apr. 28, 2024)

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What is Financial Institutions Momentum Rank?

Financial Institutions has the Momentum Rank of 8.

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 Financial Institutions's Momentum Rank

For the Banks - Regional subindustry, Financial Institutions'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.

Financial Institutions's Momentum Rank Distribution in the Banks Industry

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

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

Financial Institutions Momentum Rank Related Terms

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

Financial Institutions (Financial Institutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Financial Institutions Inc (NAS:FISI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

FIISO.PFD:USA

Address

220 Liberty Street, Warsaw, NY, USA, 14569

Website

http://www.fiiwarsaw.com

Financial Institutions Inc operates as a financial holding company, engages in the provision of a wide range of consumer and commercial banking services to individuals, municipalities, and businesses in Western and Central New York. It operates through the following segments: The Banking segment which includes all of the company's retail and commercial banking operations and All Other includes the activities of SDN, a full-service insurance agency that provides a broad range of insurance services to both personal and business clients.

Executives

Donald Boswell	director	WESTERN NY PUBLIC BROADCASTING ASSOC, HORIZONS PLAZA 140 LOWER TERRACE, BUFFALO NY 14202
Susan R Holliday	director	220 LIBERTY ST, WARSAW NY 14569
Samuel M Gullo	director	220 LIBERTY ST, WARSAW NY 14569
Robert N Latella	director	220 LIBERTY, WARSAW NY 14569
Robert M Glaser	director	220 LIBERTY STREET, WARSAW NY 14569
Dorn Andrew W Jr	director	2421 MAIN STREET, BUFFALO NY 14214
Plants William Jack Ii	officer: Chief Financial Officer	220 LIBERTY STREET, WARSAW NY 14569
Burruano Samuel J Jr	officer: Senior Vice President	220 LIBERTY STREET, WARSAW NY 14569
Martin Kearney Birmingham	officer: Senior Vice President	220 LIBERTY STREET, WARSAW NY 14569
Gary A. Pacos	officer: Chief Risk Officer	220 LIBERTY STREET, WARSAW NY 14569
Bruce W Harting	director	1185 PARK AVENUE, 6D, NEW YORK NY 10128
Laurie R Collins	officer: Senior Vice President	220 LIBERTY STREET, WARSAW NY 14569
Mark Zupan	director	1041 PITTSFORD VICTOR ROAD, PITTSFORD NY 14534
Mauricio F Riveros	director	220 LIBERTY STREET, WARSAW NY 14569
Kevin B Quinn	officer: Senior Vice President	220 LIBERTY STREET, WARSAW NY 14569