Amalgamated Financial (Amalgamated Financial) Momentum Rank : 9 (As of May. 13, 2024)

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What is Amalgamated Financial Momentum Rank?

Amalgamated Financial has the Momentum Rank of 9.

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 Amalgamated Financial's Momentum Rank

For the Banks - Regional subindustry, Amalgamated Financial'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.

Amalgamated Financial's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Amalgamated Financial's Momentum Rank falls into.

Amalgamated Financial Momentum Rank Related Terms

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Amalgamated Financial (Amalgamated Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Amalgamated Financial Corp (NAS:AMAL) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

A0B0:Germany

Address

275 Seventh Avenue, New York, NY, USA, 10001

Website

https://www.amalgamatedbank.com

Amalgamated Financial Corp is a bank holding company. It is a full-service commercial bank and a chartered trust company. It provides commercial banking and trust services nationally and offers a range of products and services to commercial and retail customers. It offers a complete suite of commercial and retail banking, investment management, and trust and custody services.

Executives

Finser Mark	director	275 SEVENTH AVE., NEW YORK NY 10001
Jason Darby	officer: Executive VP	275 SEVENTH AVE., NEW YORK NY 10001
Sam D. Brown	officer: Executive VP	275 SEVENTH AVE., NEW YORK NY 10001
Amalgamated Financial Corp.	10 percent owner, other: Workers United	275 SEVENTH AVE., NEW YORK NY 10001
Mandy Tenner	officer: Executive VP, General Counsel	275 SEVENTH AVE., NEW YORK NY 10001
Sean Searby	officer: EVP, Operations & Program Mgmt	275 SEVENTH AVENUE, NEW YORK NY 10001
Tyrone Graham	officer: EVP, Chief HR Officer	275 7TH AVENUE, NEW YORK NY 10001
Maryann Bruce	director	C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Ina Narula	officer: EVP, Chief Risk Officer	275 7TH AVENUE, NEW YORK NY 10001
Leslie Veluswamy	officer: Executive Vice President & CAO	300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Ronald W Burkle	10 percent owner
Yucaipa Corporate Initiatives Fund Ii Lp	10 percent owner	9130 West Sunset Boulevard, Los Angeles CA 90069
Yucaipa Corporate Initiatives (parallel) Fund Ii Lp	10 percent owner	9130 West Sunset Boulevard, Los Angeles CA 90069
Meredith Miller	director	275 SEVENTH AVE., NEW YORK NY 10001
Margaret Matilda Lanning	officer: EVP, Chief Credit Risk Officer	275 7TH AVENUE, NEW YORK NY 10001