Bank OZK (FRA:BO8) Momentum Rank : 9 (As of May. 07, 2024)

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What is Bank OZK Momentum Rank?

Bank OZK 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 Bank OZK's Momentum Rank

For the Banks - Regional subindustry, Bank OZK'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.

Bank OZK's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Bank OZK's Momentum Rank falls into.

Bank OZK Momentum Rank Related Terms

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Bank OZK (FRA:BO8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank OZK (FRA:BO8) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

OZKAP.PFD:USA OZK:USA BO8:Germany

Address

18000 Cantrell Road, Little Rock, AR, USA, 72223

Website

https://www.ozk.com

Bank OZK is a bank holding company that owns and operates a community bank, Bank of the Ozarks. The bank operates offices primarily in the southeastern United States, as well as Texas, New York, and California. The bank holding company also owns a number of finance subsidiary business trusts formed in connection with the issuance of debt and preferred securities. Bank of the Ozarks provides a wide range of retail and commercial banking services, but principally concentrates its activities on real estate loans, which account for the great majority of the bank's loans and leases. The bank's real estate lending arm, which finances many metropolitan construction and development projects, extends further than many of its community banking competitors.

Bank OZK (FRA:BO8) Headlines

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