GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Benchmark Bankshares Inc (OTCPK:BMBN) » Definitions » 12-1 Month Momentum %

Benchmark Bankshares (Benchmark Bankshares) 12-1 Month Momentum % : -3.93% (As of May. 27, 2024)


View and export this data going back to . Start your Free Trial

What is Benchmark Bankshares 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-27), Benchmark Bankshares's 12-1 Month Momentum % is -3.93%.

The industry rank for Benchmark Bankshares's 12-1 Month Momentum % or its related term are showing as below:

BMBN's 12-1 Month Momentum % is not ranked
in the Banks industry.
Industry Median: 10.835 vs BMBN: -3.93

Competitive Comparison of Benchmark Bankshares's 12-1 Month Momentum %

For the Banks - Regional subindustry, Benchmark Bankshares's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.


Benchmark Bankshares's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Benchmark Bankshares's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Benchmark Bankshares's 12-1 Month Momentum % falls into.



Benchmark Bankshares  (OTCPK:BMBN) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Benchmark Bankshares  (OTCPK:BMBN) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Benchmark Bankshares 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Benchmark Bankshares's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Benchmark Bankshares (Benchmark Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
204 S. Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944
Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium ranged businesses through offices located in Virginia. The bank provides personal accounts service, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit cards facility and other services.

Benchmark Bankshares (Benchmark Bankshares) Headlines

No Headlines