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Generations Bancorp NY (Generations Bancorp NY) Momentum Rank : 6 (As of Jun. 08, 2024)


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What is Generations Bancorp NY Momentum Rank?

Generations Bancorp NY has the Momentum Rank of 6.

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 Generations Bancorp NY's Momentum Rank

For the Banks - Regional subindustry, Generations Bancorp NY'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.

Generations Bancorp NY's Momentum Rank Distribution in the Banks Industry

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

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


Generations Bancorp NY Momentum Rank Related Terms

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Generations Bancorp NY (Generations Bancorp NY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Generations Bancorp NY Inc (NAS:GBNY) » Definitions » Momentum Rank
Comparable Companies
CYSM VTYB ALBY WVFC CDAB CABT BBBK GNRV LKSB FBPA NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
20 East Bayard Street, Seneca Falls, New York, NY, USA, 13148
Website
https://www.mygenbank.com
Generations Bancorp NY Inc is a stock holding company whose business consists of attracting retail deposits investing those in mortgage loans, manufactured home, real estate, home equity, commercial, construction, and multi-family loans. It has three segments community banking, insurance agency and municipal banking segments.
Executives
Bradford M Jones director, other: Chairman of the Board 19 CAYUGA STREET, SENECA FALLS NY 13148
Frank Nicchi director 19 CAYUGA STREET, SENECA FALLS NY 13148
Menzo D Case director, officer: President and CEO 19 CAYUGA STREET, SENECA FALLS NY 13148
Cynthia S Aikman director 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Derek M Dyson officer: SVP, Chief Information Officer 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Alicia H Pender director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Anthony G Cutrona officer: SVP, Growth & Profitability 20 EAST BAYARD STREET, SENECA FALLS NY 13148
Angela M Krezmer officer: SVP and CFO 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kenneth Vincent Winn officer: SVP Credit Administration 220 LIBERTY STREET, WARSAW NY 14569
Gerald Macaluso director 19 CAYUGA STREET, SENECA FALLS NY 13148
August P Sinicropi director 19 CAYUGA STREET, SENECA FALLS NY 13148
Jose A Acevedo director 20 EAST BAYARD STREET, SENECA FALLS NY 13148
James Elsworth Gardner director 20 EAST BAYARD STREET, SENECA FALLS NY 13148