New Peoples Bankshares (New Peoples Bankshares) Momentum Rank : 10 (As of Apr. 27, 2024)

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What is New Peoples Bankshares Momentum Rank?

New Peoples Bankshares has the Momentum Rank of 10.

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 New Peoples Bankshares's Momentum Rank

For the Banks - Regional subindustry, New Peoples Bankshares'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.

New Peoples Bankshares's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where New Peoples Bankshares's Momentum Rank falls into.

New Peoples Bankshares Momentum Rank Related Terms

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New Peoples Bankshares (New Peoples Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » New Peoples Bankshares Inc (OTCPK:NWPP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Commerce Drive, Honaker, VA, USA, 24260

Website

https://www.newpeoples.bank

New Peoples Bankshares Inc is a bank holding company for New Peoples Bank. The Bank offers a range of banking & related financial services focused on serving individuals, small to medium-size businesses, and the professional community. Its main banking services include personal banking, business banking, and financial services. Its banking products comprise checking, savings, deposit accounts, commercial loans, consumer loans, and real estate loans.

Executives

Harold L Keene	director	P. O. BOX 1320, HONAKER VA 24260
B Scott White	director	RT 2, BOX 181-A, CASTLEWOOD VA 24224
Barton Scot Long	other: Director-Subsidiary Bank	300 FOUR WINDS DRIVE, BRISTOL VA 24201
John D Cox	director	13515 EAST CARTERS VALLEY ROAD, GATE CITY VA 24251
John J. Boczar	officer: EVP & Chief Financial Officer	599 TILLIE SCOTT CT, GREENSBORO NC 27455
Christopher Todd Asbury	officer: Senior V.P. & C.F.O.
Kiser W James	officer: EVP/Chief Banking Officer	67 COMMERCE DR, HONAKER VA 24260
Christopher G Speaks	officer: EVP/CFO	104 S. MAIN ST., GREENVILLE SC 29601
J. Robert Buchanan	director	2248 UPPER VALLEY ROAD, TAZEWELL VA 24651
Gina D Boggess	director	PO BOX 5064, PRINCETON WV 24740
Beard John W Jr	officer: EVP & Chief Credit Officer	NEW PEOPLES BANKSHARES, INC., 67 COMMERCE DRIVE, HONAKER VA 24260
Joseph Darrell Pennington	officer: SVP & Chief Financial Officer	5724 BRADINGTON CT, GLEN ALLEN VA 23059
Karen D Wimmer	officer: EVP & Chief Credit Officer	67 COMMERCE DRIVE, HONAKER VA 24260
Richard G Preservati	10 percent owner	PO BOX 1003, PRINCETON WV 24740
Gent Charles H Jr	director	P. O. BOX 330, HONAKER VA 24260

New Peoples Bankshares (New Peoples Bankshares) Headlines

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