Hampton Roads Bankshares (Hampton Roads Bankshares) Momentum Rank : 0 (As of Jun. 07, 2024)

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What is Hampton Roads Bankshares Momentum Rank?

Hampton Roads Bankshares has the Momentum Rank of 0.

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.

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Hampton Roads Bankshares (Hampton Roads Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hampton Roads Bankshares Inc (NAS:HMPR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.xenithbank.com

Xenith Bankshares Inc. is US-based commercial bank which is engaged in general community and commercial banking business. The company offers a broad range of interest-bearing and noninterest-bearing deposit accounts, including commercial and retail checking accounts. It provides loan and advances and lending products to commercial and industrial, construction, real estate-commercial mortgage, real estate-residential mortgage and for various business purposes. The company also offers mortgage banking services such as originating and processing mortgage loans for sale to the secondary market. Its reportable segments are mortgage and corporate. The company's primary source of revenue comprises of interest income and fees earned from lending and investment activities.

Executives

Snead Thomas G Jr	director	1100 BOULDERS PARKWAY, RICHMOND VA 23225
Judy Carol Gavant	officer: SVP/Chief Accounting Officer	ONE JAMES CENTER, 901 EAST CARY STREET, SUITE 1700, RICHMOND VA 23219
Edward Grebow	director
James Floyd Burr	director	301 SOUTH COLLEGE STREET, CHARLOTTE NC 28288
Scott A. Reed	director	901 E. CARY STREET, ONE JAMES CENTER, SUITE 1700, RICHMOND VA 23219
Patrick E. Corbin	director	999 WATERSIDE DR., STE. 200, NORFOLK VA 23510
Robert Goldstein	10 percent owner
Eugene Ludwig	director, 10 percent owner	280 PARK AVENUE, 40TH FLOOR WEST, SUITE 401, NEW YORK NY 10017
John S Poelker	director	C/O 420 MAIN STREET, EVANSVILLE IN 47708
Jon F Weber	director	641 LYNNHAVEN PARKWAY, VIRGINIA BEACH VA 23457
Stephen J Gurgovits	director
Stephen P Theobald	officer: Chief Financial Officer & EVP	999 WATERSIDE DRIVE, SUITE 200, NORFOLK VA 23510
Tc Group Cayman Investment Holdings, L.p.	10 percent owner	C/O WALKERS CORPORATE SERVICES LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Carlyle Financial Services Harbor, L.p.	10 percent owner	C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Financial Services, Ltd.	10 percent owner	C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505