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Private Bancorp of America (Private Bancorp of America) Momentum Rank : 3 (As of May. 08, 2024)


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What is Private Bancorp of America Momentum Rank?

Private Bancorp of America 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 Private Bancorp of America's Momentum Rank

For the Banks - Regional subindustry, Private Bancorp of America'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.


Private Bancorp of America's Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Private Bancorp of America's Momentum Rank falls into.



Private Bancorp of America Momentum Rank Related Terms

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Private Bancorp of America (Private Bancorp of America) Business Description

Traded in Other Exchanges
N/A
Address
9404 Genesee Avenue, Suite 100, La Jolla, CA, USA, 90237
Private Bancorp of America Inc operates through its bank holding which is a commercial bank chartered by the State of California. The bank provides deposit and loan services and also specializes in making loans on commercial real estate, as well as small to mid-sized business loans. Its offerings also include personal and business banking. The company operates in La Jolla, San Diego, Coronado, Newport Beach, Beverly Hills, El Segundo, San Marcos, Temecula, and Redlands.