Midland States Bancorp (FRA:6HU) Momentum Rank : 10 (As of Dec. 14, 2024)

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What is Midland States Bancorp Momentum Rank?

Midland States Bancorp has the Momentum Rank of 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.

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

Competitive Comparison of Midland States Bancorp's Momentum Rank

For the Banks - Regional subindustry, Midland States 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.

Midland States Bancorp's Momentum Rank Distribution in the Banks Industry

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

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

Midland States Bancorp Momentum Rank Related Terms

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Midland States Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Midland States Bancorp Inc (FRA:6HU) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

MSBI:USA

Address

1201 Network Centre Drive, Effingham, IL, USA, 62401

Website

https://www.midlandsb.com

Midland States Bancorp Inc is a diversified financial holding company. The company provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. The Banking segment which generates the majority of the revenue, provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing etc. The Wealth Management segment consists of trust and fiduciary services, brokerage and retirement planning services. The Other segment includes the operating results of the parent company.

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