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Commercial Bancshares (Commercial Bancshares) 6-1 Month Momentum % : 12.43% (As of May. 05, 2024)


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What is Commercial Bancshares 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 (2024-05-05), Commercial Bancshares's 6-1 Month Momentum % is 12.43%.

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

CMOH's 6-1 Month Momentum % is not ranked
in the Banks industry.
Industry Median: 6.675 vs CMOH: 12.43

Competitive Comparison of Commercial Bancshares's 6-1 Month Momentum %

For the Banks - Regional subindustry, Commercial Bancshares'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.


Commercial Bancshares's 6-1 Month Momentum % Distribution in the Banks Industry

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

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



Commercial Bancshares  (OTCPK:CMOH) 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.


Commercial Bancshares  (OTCPK:CMOH) 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.


Commercial Bancshares 6-1 Month Momentum % Related Terms

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Commercial Bancshares (Commercial Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Commercial Bancshares Inc is a corporation organized under the laws of the State of Ohio on April 20, 1920. It operates as a financial holding company for The Commercial Savings Bank. The main business of the Corporation presently is to operate the Bank, which is a wholly-owned subsidiary, and its main asset. The Bank provides customary retail and commercial banking services to its customers, including acceptance of deposits for demand, savings and time accounts, individual retirement accounts (IRAs) and servicing of such accounts; commercial, consumer and real estate lending, including installment loans, and safe deposit and night depository facilities. The Bank grants residential, installment and commercial loans to customers located mainly in the Ohio counties of Wyandot, Marion and Hancock and the surrounding area. Commercial loans are mainly variable rate and include operating lines of credit and term loans made to small businesses mainly based on the ability to repay the loan from the cash flow of the business. The Bank, Commercial Financial and Beck Title compete for business mainly in the Ohio counties of Wyandot, Hancock and Marion. The business in which the Corporation and its subsidiary are engaged is subject to extensive supervision, regulation and examination by various bank regulatory authorities.
Executives
Robert E Beach director, officer: President and CEO 2120 BLUESTONE DRIVE, FINDLAY OH 45840

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