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Northeast Indiana Bancorp (Northeast Indiana Bancorp) Momentum Rank

: 1 (As of Today)
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Northeast Indiana Bancorp has the Momentum Rank of 1.

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

For the Banks - Regional subindustry, Northeast Indiana 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.


Northeast Indiana Bancorp Momentum Rank Distribution

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

* The bar in red indicates where Northeast Indiana Bancorp's Momentum Rank falls into.



Northeast Indiana Bancorp Momentum Rank Related Terms

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Northeast Indiana Bancorp (Northeast Indiana Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
648 North Jefferson Street, P.O. Box 70, Huntington, IN, USA, 46750
Northeast Indiana Bancorp Inc is a part of the financial services domain. It acts as the holding company for First Federal Savings Bank, which provides commercial and residential real estate loans in the United States. The bank functions through the Residential Mortgage, Commercial Mortgage, Construction and land development, Commercial and Industrial, and Consumer Mortgage segments. The Commercial Mortgage segment accounts for a share of the company revenues. It provides services such as checking, commercial loans, credit cards, merchant services and cash management.
Executives
Dan L Stephan director
Randy J Sizemore officer: Senior Vice President P O BOX 70, HUNTINGTON IN 46750
Michael S Zahn director, officer: Senior Vice President 708 APPLEBY COURT, HUNTINGTON IN 46750
Thomas P Frantz officer: Senior Vice President 648 N JEFFERSON STREET, HUNTINGTON IN 46750
Randall C Rider director
J David Carnes director
Dee Ann Hammel officer: Senior Vice President 3102 ALSTON CT, HUNTINGTON IN 46750
Stephen E Zahn director, 10 percent owner, officer: Chairman, President & CEO 648 NORTH JEFFERSON STREET, HUNTINGTON IN 46750
William A Zimmer director