Baker Boyer Bancorp (Baker Boyer Bancorp) Momentum Rank : 1 (As of May. 03, 2024)

View and export this data going back to . Start your Free Trial

What is Baker Boyer Bancorp Momentum Rank?

Baker Boyer 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 of Baker Boyer Bancorp's Momentum Rank

For the Banks - Regional subindustry, Baker Boyer 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.

Baker Boyer Bancorp's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Baker Boyer Bancorp's Momentum Rank falls into.

Baker Boyer Bancorp Momentum Rank Related Terms

Thank you for viewing the detailed overview of Baker Boyer Bancorp's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Baker Boyer Bancorp (Baker Boyer Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Baker Boyer Bancorp (OTCPK:BBBK) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 West Main Street, P.O. Box 2175, Walla Walla, WA, USA, 99362

Website

https://www.bakerboyer.com

Baker Boyer Bancorp and its wholly-owned subsidiary provide banking services primarily to the greater Walla Walla and Columbia Valley area of southeastern Washington and northeastern Oregon. The company offers its services to individuals, small businesses, and the agricultural industry. The primary sources of revenue for the company are loans, investment securities, and wealth management services.

Baker Boyer Bancorp (Baker Boyer Bancorp) Headlines

No Headlines