Mars Bancorp (Mars Bancorp) Momentum Rank : 0 (As of May. 29, 2024)

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What is Mars Bancorp Momentum Rank?

Mars Bancorp 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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Mars Bancorp (Mars Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mars Bancorp Inc (OTCPK:MNBP) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 Grand Avenue, P.O. Box 927, Mars, PA, USA, 16046-0927

Website

https://www.marsbank.com

Mars Bancorp Inc along with its subsidiaries provides banking products and services to individuals and businesses. It offers loans, deposits, mortgages, and online banking services. The primary activities of the bank are owning and supervising its subsidiary Mars Bank which is a national association located in Pennsylvania. The Bank derives its principal sources of revenue from its residential and commercial real estate portfolios, commercial, industrial and consumer loans, investment securities portfolio, as well as a variety of deposit services offered to its customers through six branch offices, which are located in areas of Allegheny, Butler, and Mercer counties in Western Pennsylvania.

Mars Bancorp (Mars Bancorp) Headlines

From GuruFocus

Shareholder Alert: Ademi LLP investigates whether Mars Bancorp, Inc. has obtained a Fair Price in its transaction with NexTier

By PRNewswire • 08-31-2023