Dimeco (Dimeco) Momentum Rank : 3 (As of Apr. 27, 2024)

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What is Dimeco Momentum Rank?

Dimeco has the Momentum Rank of 3.

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 Dimeco's Momentum Rank

For the Banks - Regional subindustry, Dimeco'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.

Dimeco's Momentum Rank Distribution in the Banks Industry

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

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

Dimeco Momentum Rank Related Terms

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

Dimeco (Dimeco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dimeco Inc (OTCPK:DIMC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

820 Church Street, P.O Box 509, Honesdale, PA, USA, 18431

Website

https://www.thedimebank.com

Dimeco Inc is a United States-based holding company. It provides a range of lending, depository, and financial services to individuals and small to medium-sized businesses. The bank offers an array of financial services and solutions ranging from traditional products to electronic banking, and wealth management services. It also offers personal banking services, business banking services, loans, and credit facilities and others.

Executives

Henry M Skier	director
Todd J Stephens	director	820 CHURCH STREET, HONESDALE PA 18431
Gary C Beilman	officer: Chief Executive Officer
Robert E Genirs	director
Pete Bochnovich	officer: Vice President
Barbara J Genzlinger	director
John F Spall	director
William E Schwarz	director
Thomas A Peifer	director
Maureen H Beilman	officer: Chief Financial Officer
John S Kiesendahl	director
Joseph J Murray	officer: President

Dimeco (Dimeco) Headlines

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