GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northfield Bancorp Inc (NAS:NFBK) » Definitions » Momentum Rank

Northfield Bancorp (Northfield Bancorp) Momentum Rank : 4 (As of May. 15, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Northfield Bancorp Momentum Rank?

Northfield Bancorp has the Momentum Rank of 4.

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 Northfield Bancorp's Momentum Rank

For the Banks - Regional subindustry, Northfield Bancorp'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.


Northfield Bancorp's Momentum Rank Distribution in the Banks Industry

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

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



Northfield Bancorp Momentum Rank Related Terms

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


Northfield Bancorp (Northfield Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
581 Main Street, Suite 810, Woodbridge, NJ, USA, 07095
Northfield Bancorp Inc is the holding company for Northfield Bank. Its subsidiary provides banking services to individuals and corporate customers in Richmond and Kings Counties in New York, and Hunterdon, Mercer, Union and Middlesex counties in New Jersey. The bank attracts deposits and offers credit and other banking services.
Executives
Patrick Louis Ryan director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Vickie Tomasello officer: EVP/Chief Risk Officer 581 MAIN STREET, WOODBRIDGE NJ 07095
Steven M Klein officer: COO and CFO 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
David Fasanella officer: EVP 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
William R. Jacobs officer: SVP and PAO 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Robin Lefkowitz officer: EVP 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Frank P. Patafio director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Gil Chapman director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Connors John P Jr director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Gualberto Medina director 581 MAIN STREET, WOODBRIDGE NJ 07095
Tara L French officer: EVP/Chief Admin. Officer 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Paul Stahlin director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Michael J Widmer officer: EVP 1410 ST. GEORGES AVENUE, AVENEL NJ 07001
Annette Catino director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
John Wade Alexander director, officer: President and CEO 1410 ST. GEORGES AVENUE, AVENEL NJ 07001