Heritage Southeast Bancorp (Heritage Southeast Bancorp) Momentum Rank : 6 (As of May. 12, 2024)

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What is Heritage Southeast Bancorp Momentum Rank?

Heritage Southeast Bancorp 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 Heritage Southeast Bancorp's Momentum Rank

For the Banks - Regional subindustry, Heritage Southeast 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.

Heritage Southeast Bancorp's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Heritage Southeast Bancorp's Momentum Rank falls into.

Heritage Southeast Bancorp Momentum Rank Related Terms

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Heritage Southeast Bancorp (Heritage Southeast Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Southeast Bancorp Inc (OTCPK:HSBI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 North Main Street, PO Box 935, Jonesboro, GA, USA, 30237

Website

https://www.heritagebank.com

Heritage Southeast Bancorp Inc is a bank holding company for Heritage Bank. The company through its subsidiary provides a full range of banking services to individual and corporate customers. The company engages in a full complement of lending activities, including real estate-related loans, commercial and industrial loans, and consumer installment loans.

Executives

Stephen E Boswell	other: Director-Heritage Bank	P. O. BOX 935, JONESBORO GA 30237
Shirley Etheridge	officer: Group V. P. (subsidiary)	5875 GRETNA COURT, REX GA 30273
Kathy Zovlonsky	officer: Senior V. P. (subsidiary)	810 DAILEYS CREEK DRIVE, MCDONOUGH GA 30253
Joe B Mundy	other: former Director	P O BOX 935, JONESBORO GA 30236
Leonard A Moreland	director, officer: Executive Vice President	P O BOX 935, JONESBORO GA 30236
Edwin S Kemp	director	P O BOX 935, JONESBORO GA 30236
Edith W Stevens	officer: SVP/ COO	P O BOX 935, JONESBORO GA 30236
John B Lee	director	P O BOX 935, JONESBORO GA 30236
Charles S Tucker	director	P O BOX 935, JONESBORO GA 30236
Mary Jo Rogers	officer: SVP/CFO	P O BOX 935, JONESBORO GA 30236
John L Westervelt	officer: Executive Vice President	P O BOX 935, JONESBORO GA 30236
David B Turner	director, officer: President/CEO
John T Mitchell	director	P O BOX 935, JONESBORO GA 30236
Roy V Hall	director	P O BOX 935, JONESBORO GA 30236
John C Bowdoin	officer: SVP/ Co.unty President	P O BOX 935, JONESBORO GA 30236