12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-26), Byline Bancorp's 12-1 Month Momentum % is 7.93%.
The industry rank for Byline Bancorp's 12-1 Month Momentum % or its related term are showing as below:
BY's 12-1 Month Momentum % is ranked worse than 54.2% of 1548
companies
in the Banks industry
Industry Median: 10.175
vs BY: 7.93
Competitive Comparison of Byline Bancorp's 12-1 Month Momentum %
For the Banks - Regional subindustry, Byline Bancorp'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.
Byline Bancorp's 12-1 Month Momentum % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Byline Bancorp's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Byline Bancorp's 12-1 Month Momentum % falls into.
* 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.
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.
Byline Bancorp 12-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Byline Bancorp's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Byline Bancorp (Byline Bancorp) Business Description
Byline Bancorp Inc is the holding company for Byline Bank, a full-service commercial bank serving small-and-medium-sized businesses, financial sponsors, and consumers. The company offers a broad range of banking products and services to small and medium sized businesses, commercial real estate and online account opening to consumer and business. Also provide trust and wealth management services to our customers. In addition to traditional commercial banking business, company provide small ticket equipment leasing solutions through Byline Financial Group, a wholly-owned subsidiary of Byline Bank.
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