GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Great American Bancorp Inc (OTCPK:GTPS) » Definitions » Momentum Rank

GTPS (Great American Bancorp) Momentum Rank : 3 (As of Jan. 18, 2025)


View and export this data going back to 1995. Start your Free Trial

What is Great American Bancorp Momentum Rank?

Great American Bancorp has the Momentum Rank of 3.

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 Great American Bancorp's Momentum Rank

For the Banks - Regional subindustry, Great American 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.


Great American Bancorp's Momentum Rank Distribution in the Banks Industry

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

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



Great American Bancorp Momentum Rank Related Terms

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


Great American Bancorp Business Description

Traded in Other Exchanges
N/A
Address
1311 South Neil Street, Champaign, IL, USA, 61820
Great American Bancorp Inc is a holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, First Federal Savings Bank of Champaign-Urbana (Bank). The Bank is engaged in providing a full range of banking and financial services to individual and corporate customers in Champaign County, Illinois. The Bank also provides full-service brokerage activities through a third-party broker-dealer and engages in the sale of tax-deferred annuities. The Bank's subsidiary offers insurance services to customers located in Illinois.

Great American Bancorp Headlines