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Arrow Financial (Arrow Financial) 12-1 Month Momentum % : 16.55% (As of May. 08, 2024)


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What is Arrow Financial 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-08), Arrow Financial's 12-1 Month Momentum % is 16.55%.

The industry rank for Arrow Financial's 12-1 Month Momentum % or its related term are showing as below:

AROW's 12-1 Month Momentum % is ranked better than
57.08% of 1554 companies
in the Banks industry
Industry Median: 11.885 vs AROW: 16.55

Competitive Comparison of Arrow Financial's 12-1 Month Momentum %

For the Banks - Regional subindustry, Arrow Financial's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.


Arrow Financial's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Arrow Financial's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Arrow Financial's 12-1 Month Momentum % falls into.



Arrow Financial  (NAS:AROW) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Arrow Financial  (NAS:AROW) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Arrow Financial 12-1 Month Momentum % Related Terms

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Arrow Financial (Arrow Financial) Business Description

Traded in Other Exchanges
Address
250 Glen Street, Glens Falls, NY, USA, 12801
Arrow Financial Corp is a holding company. The company provides various advisory and administrative services and coordinates the general policies and operations of the banks. It provides financial products, including online and mobile banking, mortgages, commercial loans, investments, and others. The company also provides lending services including commercial and industrial lending primarily to small and mid-sized companies; mortgage lending for residential and commercial properties; and consumer installment and home equity financing. The key source of company's revenue is interest income, fees, commission earned through its subsidiaries.
Executives
Andrew J Wise officer: SVP, Chief Operating Officer 250 GLEN STREET, GLENS FALLS NY 12801
David D Kaiser officer: SVP AMETHYST DRIVE, QUEENSBURY NY 12804
Read Colin L director 81 BLAIR ROAD, PLATTSBURGH NY 12901
William L Owens director 42 BLUE HERRON WAY, PLATTSBURGH NY 12901
Elizabeth Miller director 250 GLEN STREET, GLENS FALLS NY 12801
Gary C Dake director 514 LOCUST GROVE ROAD, GREENFIELD CENTER NY 12833
Mark Behan director 250 GLEN STREET, GLENS FALLS NY 12801
Penko Krassimir Ivanov officer: EVP, Treasurer and CFO C/O ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
David S. Demarco officer: Senior Vice President 7 INGERSOL ROAD, SARATOGA SPRINGS NY 12866
Raymond F O'conor officer: Senior Vice President 7 ROLLING GREEN DRIVE, WILTON NY 12831
Gregory J Champion director 250 GLEN STREET, GLENS FALLS NY 12801
Thomas L Hoy director ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS NY 12801
Reisman Richard J Dmd director 9 ST. ANDREWS DRIVE, QUEENSBURY NY 12804
Edward J Campanella officer: SVP, Treasurer & CFO 42 MAXWELL ROAD, LATHAM NY 12110
Michael B Clarke director 58 CHRISTIANA COURT, LAKE GEORGE NY 12845

Arrow Financial (Arrow Financial) Headlines

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