GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eagle Bancorp Montana Inc (FRA:8F5) » Definitions » Momentum Rank

Eagle Bancorp Montana (FRA:8F5) Momentum Rank : 10 (As of Mar. 05, 2025)


View and export this data going back to 2020. Start your Free Trial

What is Eagle Bancorp Montana Momentum Rank?

Eagle Bancorp Montana has the Momentum Rank of 10.

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 Eagle Bancorp Montana's Momentum Rank

For the Banks - Regional subindustry, Eagle Bancorp Montana'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.


Eagle Bancorp Montana's Momentum Rank Distribution in the Banks Industry

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

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



Eagle Bancorp Montana Momentum Rank Related Terms

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


Eagle Bancorp Montana Business Description

Traded in Other Exchanges
Address
1400 Prospect Avenue, P.O. Box 4999, Helena, MT, USA, 59601
Eagle Bancorp Montana Inc operates as a bank holding company. It provides loan and deposit services. The company focuses on residential loans, commercial real estate loans, commercial loans, consumer loans, and home equity loan products. The bank also offers deposit accounts which include checking, savings, money market, individual retirement accounts, and certificates of deposit accounts. It is a diversified lender with a focus on residential mortgage loans, commercial real estate mortgage loans, commercial business loans, agricultural loans, and second mortgage/home equity loan products.

Eagle Bancorp Montana Headlines

No Headlines