IF Bancorp (IF Bancorp) Momentum Rank : 6 (As of May. 06, 2024)

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What is IF Bancorp Momentum Rank?

IF Bancorp has the Momentum Rank of 6.

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 IF Bancorp's Momentum Rank

For the Banks - Regional subindustry, IF 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.

IF Bancorp's Momentum Rank Distribution in the Banks Industry

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

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

IF Bancorp Momentum Rank Related Terms

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IF Bancorp (IF Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IF Bancorp Inc (NAS:IROQ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 East Cherry Street, Watseka, IL, USA, 60970

Website

https://www.iroquoisfed.com

IF Bancorp Inc is a holding company. It is mainly engaged in the business of directing, planning, and coordinating the business activities of Iroquois Federal. The company with the association take deposits from the general public and invest those deposits together with funds generated from operations and borrowings in various loans such as multi-family residential and mortgage loans, commercial real estate loans, home equity lines of credit, consumer loans, others, and also a variety of deposit accounts and alternative delivery channels.

Executives

Thomas J Chamberlain	officer: Vice President	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Richard Stenzinger	director	201 E CHERRY STREET, WATSEKA IL 60970
Dennis C Wittenborn	director	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Linda L. Hamilton	officer: EVP and COO	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Terry W Acree	officer: Vice President	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Rodney E Yergler	director	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Frank J Simutis	director	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Wayne A Lehmann	director	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Joseph A Cowan	director	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Hasselbring Walter H Iii	officer: Vice President and COO	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Alan D Martin	director, officer: President and CEO	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Gary Martin	director	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Pamela J Verkler	officer: VP, CFO and Treasurer	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
Ardith Heuton	director	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970
John D Martin	director	C/O IF BANCORP, INC., 201 EAST CHERRY STREET, WATSEKA IL 60970