GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Versailles Financial Corp (OTCPK:VERF) » Definitions » Momentum Rank

Versailles Financial (Versailles Financial) Momentum Rank : 0 (As of Jun. 23, 2024)


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

What is Versailles Financial Momentum Rank?

Versailles 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.

Versailles Financial Momentum Rank Related Terms

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

Versailles Financial (Versailles Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Versailles Financial Corp (OTCPK:VERF) » Definitions » Momentum Rank
Comparable Companies
HCBC SNNY FNFI CARV WBO:VVPS OSL:SUNSB-ME UNTN NWBB COL:SDB.N0000 EFBI MBCQ BSP:MERC4 ASX:BBC WVFC EQFN RYFL NIDB BYFC CCFH WAYN
Traded in Other Exchanges
N/A
Address
10413 Kley Road, PO Box 92, Versailles, OH, USA, 45380
Website
http://www.versaillessavingsbank.com
Versailles Financial Corp is an Ohio chartered savings and loan company. Its business consists of accepting savings accounts and certificates of deposits from the general public and investing those deposits. The company also offers real estate loans and other services.

Versailles Financial (Versailles Financial) Headlines

No Headlines