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EVBN (Evans Bancorp) Momentum Rank : 6 (As of Mar. 25, 2025)


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What is Evans Bancorp Momentum Rank?

Evans Bancorp has the Momentum Rank of 6.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 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.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Evans Bancorp's Momentum Rank

For the Banks - Regional subindustry, Evans Bancorp'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.


Evans Bancorp's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Evans Bancorp's Momentum Rank falls into.



Evans Bancorp Momentum Rank Related Terms

Thank you for viewing the detailed overview of Evans Bancorp's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Evans Bancorp Business Description

Traded in Other Exchanges
N/A
Address
6460 Main Street, Williamsville, NY, USA, 14221
Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates through a single business segment throughout Western New York and Finger Lakes Region, which derives interest and fee income.
Executives
David J Nasca director ONE GRIMSBY DRIVE, HAMBURG NY 14075
John B Connerton officer: Vice President/Controller ONE GRIMSBY DRIVE, HAMBURG NY 14075
Miller Robert G Jr director, officer: Pres. M&W Agency/ENB Assoc. 1845 LAKE ROAD, SILVER CREEK NY 14136
Lee C Wortham director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Jody L Lomeo director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Robert A James director 6460 MAIN STREET, WILLIAMSVILLE NY 14221
Dawn Deperrior director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kevin D Maroney director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Waring Thomas H Jr director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Aaron Whitehouse officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Oliver Sommer director ONE GRIMSBY DRIVE, HAMBURG NY 14075
St. George Mark G. officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Kimberley A Minkel director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Christina P Orsi director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Michael A Battle director ONE GRIMSBY DRIVE, HAMBURG NY 14075