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Cornerstone Financial (Cornerstone Financial) Momentum Rank : 0 (As of Jun. 03, 2024)


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What is Cornerstone Financial Momentum Rank?

Cornerstone Financial has the Momentum Rank of 0.

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.

Cornerstone Financial Momentum Rank Related Terms

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Cornerstone Financial (Cornerstone Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cornerstone Financial Corp (OTCPK:CFIC) » Definitions » Momentum Rank
Comparable Companies
CCSB OPHC MIC:KUZB OSL:SOGN TCNB SUGR WAR:CFS OSL:HSPG SNNY WBO:VVPS CARV PHS:CSB BTHT OSL:LSTSB-ME ALBY OSL:NISB-ME OSL:AASB-ME OCSE:HVID LSE:MFX OSL:SUSB-ME
Traded in Other Exchanges
N/A
Address
6000 Midlantic Drive, Suite 120S, Mount Laurel, NJ, USA, 08054
Website
http://www.cornerstonebanknj.com
Cornerstone Financial Corp provides a range of lending, deposit, and financial products. It emphasizes commercial real estate and commercial lending to small businesses and professionals. It offers savings, business lending, mobile banking, online banking, and other services.

Cornerstone Financial (Cornerstone Financial) Headlines

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