Bar Harbor Bankshares (Bar Harbor Bankshares) Momentum Rank : 7 (As of May. 04, 2024)

View and export this data going back to 1994. Start your Free Trial

What is Bar Harbor Bankshares Momentum Rank?

Bar Harbor Bankshares has the Momentum Rank of 7.

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 Bar Harbor Bankshares's Momentum Rank

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

Bar Harbor Bankshares's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Bar Harbor Bankshares's Momentum Rank falls into.

Bar Harbor Bankshares Momentum Rank Related Terms

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

Bar Harbor Bankshares (Bar Harbor Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bar Harbor Bankshares Inc (AMEX:BHB) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

82 Main Street, P.O. Box 400, Bar Harbor, ME, USA, 04609-0400

Website

https://www.barharbor.bank

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