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RBB Bancorp (FRA:5SZ) 6-1 Month Momentum % : 13.77% (As of May. 16, 2024)


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What is RBB Bancorp 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-16), RBB Bancorp's 6-1 Month Momentum % is 13.77%.

The industry rank for RBB Bancorp's 6-1 Month Momentum % or its related term are showing as below:

FRA:5SZ's 6-1 Month Momentum % is ranked better than
65.54% of 1564 companies
in the Banks industry
Industry Median: 5.67 vs FRA:5SZ: 13.77

Competitive Comparison of RBB Bancorp's 6-1 Month Momentum %

For the Banks - Regional subindustry, RBB Bancorp's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


RBB Bancorp's 6-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, RBB Bancorp's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where RBB Bancorp's 6-1 Month Momentum % falls into.



RBB Bancorp  (FRA:5SZ) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


RBB Bancorp  (FRA:5SZ) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


RBB Bancorp 6-1 Month Momentum % Related Terms

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RBB Bancorp (FRA:5SZ) Business Description

Traded in Other Exchanges
Address
1055 Wilshire Boulevard, 12th Floor, Los Angeles, CA, USA, 90017
RBB Bancorp operates as a bank holding company. It provides various banking products and services such as checking, savings, money market accounts, and certificates of deposits. Its Specific services include remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, Small Business Administration (SBA) 7A and 504 loans, mortgage loans, trade finance, and a full range of depository accounts. It generates its revenue from interest received on loans and leases and, to a lesser extent, from interest received on investment securities and derives income from noninterest sources, such as fees received in connection with various lending and deposit services, loan servicing, gain on sales of loans, and wealth management services.

RBB Bancorp (FRA:5SZ) Headlines

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