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Malaga Financial (Malaga Financial) Momentum Rank : 0 (As of May. 30, 2024)


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What is Malaga Financial Momentum Rank?

Malaga Financial has the Momentum Rank of 0.

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.

Malaga Financial Momentum Rank Related Terms

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Malaga Financial (Malaga Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Malaga Financial Corp (OTCPK:MLGF) » Definitions » Momentum Rank
Comparable Companies
OVLY ISX:BACA CBAN FFNW OCSE:GRLA PBFS BSP:BMEB3 OPOF OISE:KVIKA TSE:8537 KAR:AKBL FCCO HWBK AUBN OPBK SBKK OCSE:BNORDIK CSE TSE:8521 XZIM:NMB.ZW UNB
Traded in Other Exchanges
N/A
Address
2514 Via Tejon, Palos Verdes Estates, CA, USA, 90274
Website
https://www.malagabank.com
Malaga Financial Corp is a full-service community bank. It bank is a real estate lender concentrating on financing apartments, construction projects, and single-family residences. Its operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money. Its customers consist of individuals and small-to-midsize businesses located in the Palos Verdes Peninsula and adjoining areas of Los Angeles and Orange Counties, California.

Malaga Financial (Malaga Financial) Headlines