Partners Bank of California (Partners Bank of California) Momentum Rank : 0 (As of Jun. 21, 2024)

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What is Partners Bank of California Momentum Rank?

Partners Bank of California 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.

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Partners Bank of California (Partners Bank of California) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Partners Bank of California (OTCPK:PBKX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

27201 Puerta Real, Suite 160, Mission Viejo, CA, USA, 92691

Website

https://www.pbofca.com

Partners Bank of California is engaged in providing personal & commercial banking services to small & middle-market businesses, professional practices, commercial & industrial companies & individuals. Its banking products and services include checking accounts, savings accounts, and certificates of deposit; online banking services, such as bills and schedule payments, and funds transfer services. It also offers business banking and commercial lending. The bank has two operating segments; real estate and commercial loans.

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