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Gateway Bank F S B Oakland Calif (Gateway Bank F S B Oakland Calif) 12-1 Month Momentum % : -45.45% (As of May. 14, 2024)


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What is Gateway Bank F S B Oakland Calif 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-14), Gateway Bank F S B Oakland Calif's 12-1 Month Momentum % is -45.45%.

The industry rank for Gateway Bank F S B Oakland Calif's 12-1 Month Momentum % or its related term are showing as below:

GWBK's 12-1 Month Momentum % is ranked worse than
98.84% of 1551 companies
in the Banks industry
Industry Median: 12.07 vs GWBK: -45.45

Competitive Comparison of Gateway Bank F S B Oakland Calif's 12-1 Month Momentum %

For the Banks - Regional subindustry, Gateway Bank F S B Oakland Calif's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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.


Gateway Bank F S B Oakland Calif's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gateway Bank F S B Oakland Calif's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Gateway Bank F S B Oakland Calif's 12-1 Month Momentum % falls into.



Gateway Bank F S B Oakland Calif  (OTCPK:GWBK) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gateway Bank F S B Oakland Calif  (OTCPK:GWBK) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Gateway Bank F S B Oakland Calif 12-1 Month Momentum % Related Terms

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Gateway Bank F S B Oakland Calif (Gateway Bank F S B Oakland Calif) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
360 8th Street, Oakland, CA, USA, 94607
Gateway Bank F S B Oakland Calif is a United States based company engaged in providing personal and business banking services. The company aims to provide banking services to people and communities who are underserved by mainstream commercial banks and lenders. These services include Checking Accounts, Savings Accounts, Money Market Accounts, Certificate of Deposit Accounts, and Individual Retirement Accounts among others.

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