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BlueHarbor Bank (BlueHarbor Bank) 12-1 Month Momentum %

: 17.72% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), BlueHarbor Bank's 12-1 Month Momentum % is 17.72%.

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

BLHK's 12-1 Month Momentum % is ranked better than
65.08% of 1552 companies
in the Banks industry
Industry Median: 7.965 vs BLHK: 17.72

Competitive Comparison

For the Banks - Regional subindustry, BlueHarbor Bank'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.


BlueHarbor Bank 12-1 Month Momentum % Distribution

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

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



BlueHarbor Bank  (OTCPK:BLHK) 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.


BlueHarbor Bank  (OTCPK:BLHK) 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.


BlueHarbor Bank 12-1 Month Momentum % Related Terms

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BlueHarbor Bank (BlueHarbor Bank) Business Description

Traded in Other Exchanges
N/A
Address
106 Corporate Park Drive, Morrison Plantation, Mooresville, NC, USA, 28117
BlueHarbor Bank provides personal and commercial banking products and online banking services. Its services include business savings and investments, loans, checking and among others. The Bank's revenue is comprised of net interest income and noninterest income.

BlueHarbor Bank (BlueHarbor Bank) Headlines

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