GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Liberty Northwest Bancorp Inc (OTCPK:LBNW) » Definitions » Momentum Rank

Liberty Northwest Bancorp (Liberty Northwest Bancorp) Momentum Rank : 0 (As of Jun. 01, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Liberty Northwest Bancorp Momentum Rank?

Liberty Northwest 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.


Liberty Northwest Bancorp Momentum Rank Related Terms

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


Liberty Northwest Bancorp (Liberty Northwest Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
20150 7th Avenue NE, Poulsbo, WA, USA, 98370
Liberty Northwest Bancorp Inc. is a bank holding company whose wholly-owned subsidiary is Liberty Bank. The Bank provides a full range of banking services to individual and corporate customers through its main office in Poulsbo, Washington, and a leased space in Bellevue, Washington. The bank's products include a wide variety of loans and deposits, in addition to retail and commercial digital and online banking services.

Liberty Northwest Bancorp (Liberty Northwest Bancorp) Headlines