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Bar Harbor Bankshares (Bar Harbor Bankshares) 12-1 Month Momentum % : 10.85% (As of May. 04, 2024)


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What is Bar Harbor Bankshares 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 (2024-05-04), Bar Harbor Bankshares's 12-1 Month Momentum % is 10.85%.

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

BHB's 12-1 Month Momentum % is ranked worse than
50.8% of 1555 companies
in the Banks industry
Industry Median: 11.28 vs BHB: 10.85

Competitive Comparison of Bar Harbor Bankshares's 12-1 Month Momentum %

For the Banks - Regional subindustry, Bar Harbor Bankshares'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.


Bar Harbor Bankshares's 12-1 Month Momentum % Distribution in the Banks Industry

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

* The bar in red indicates where Bar Harbor Bankshares's 12-1 Month Momentum % falls into.



Bar Harbor Bankshares  (AMEX:BHB) 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.


Bar Harbor Bankshares  (AMEX:BHB) 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.


Bar Harbor Bankshares 12-1 Month Momentum % Related Terms

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Bar Harbor Bankshares (Bar Harbor Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
82 Main Street, P.O. Box 400, Bar Harbor, ME, USA, 04609-0400
Bar Harbor Bankshares Inc is a bank holding company along with its subsidiaries that offers a full range of financial services products, brokerage services through third-party brokerage arrangements and also trust and investment management services to individuals, businesses, non-profit organizations, and municipalities. Its products and services consist of checking, deposits, cards, mobile banking, online services, loans, merchant services, trust, and fiduciary services, investment planning, education funding, individual retirement planning, insurance, and risk management services.
Executives
Brian D Shaw director 11 CLEFTSTONE ROAD, BAR HARBOR ME 04609
Debra Becton Miller director PO BOX 231, LONDONDERRY NH 03053
Brendan Ohalloran director 82 MAIN STREET, P.O. BOX 400, BAR HARBOR ME 04609
Daina H Hill director PO BOX 400, 82 MAIN STREET, BAR HARBOR ME 04609
Jason Paul Edgar officer: President of BHTS & CTC 27 MEDITATION LANE, ATKINSON NH 03811
Curtis C Simard director, officer: CEO - BHBT P O BOX 400, 82 MAIN STREET, BAR HARBOR ME 04609
David B Woodside director
Matthew L Caras director 82 MAIN STREET, PO BOX 400, BAR HARBOR ME 04609
Kenneth Eugene Smith director C/O BAR HARBOR BANKING & TRUST COMPANY, PO BOX 400, BAR HARBOR ME 04609
Scott G Toothaker director 302 SURRY RD, ELLSWORTH ME 04605
Stephen R Theroux director C/O NEW HAMPSHIRE THRIFT BANCHARES INC, 9 MAIN STREET, P.O. BOX 9, NEWPORT NH 03773
Stephen W Ensign director C/O NEW HAMPSHIRE THRIFT BANCHARES INC, 9 MAIN STREET, P.O. BOX 9, NEWPORT NH 03773
David M Colter director PO BOX 400, 82 MAIN STREET, BAR HARBOR ME 04608
Steven H. Dimick director C/O NEW HAMPSHIRE THRIFT BANCSHARES, INC, PO BOX 9, NEWPORT NH 03773
Lauri E Fernald director 1140 MAIN STREET, MOUNT DESERT ME 04660