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Nations Trust Bank (COL:NTB.N0000) 6-1 Month Momentum % : 63.89% (As of Mar. 26, 2025)


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What is Nations Trust Bank 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 (2025-03-26), Nations Trust Bank's 6-1 Month Momentum % is 63.89%.

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

COL:NTB.N0000's 6-1 Month Momentum % is ranked better than
97.58% of 1609 companies
in the Banks industry
Industry Median: 6.84 vs COL:NTB.N0000: 63.89

Competitive Comparison of Nations Trust Bank's 6-1 Month Momentum %

For the Banks - Regional subindustry, Nations Trust Bank'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.


Nations Trust Bank's 6-1 Month Momentum % Distribution in the Banks Industry

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

* The bar in red indicates where Nations Trust Bank's 6-1 Month Momentum % falls into.



Nations Trust Bank  (COL:NTB.N0000) 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.


Nations Trust Bank  (COL:NTB.N0000) 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.


Nations Trust Bank 6-1 Month Momentum % Related Terms

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Nations Trust Bank Business Description

Traded in Other Exchanges
Address
No. 46/58, Nawam Mawatha, Colombo, LKA, 02
Nations Trust Bank PLC is predominantly engaged in the banking business. Along with its subsidiaries, it operates in the following segments: Corporate Banking, Consumer and Commercial Banking, Treasury and Investment, Insurance Broking, and Property Management. A majority of its revenue is derived from the Consumer and Commercial Banking segment, which is involved in deposit mobilisation from high net worth, mass fluent customer segments, and providing personal financing solutions, including personal loans, home loans, finance leases, and credit card facilities. Additionally, it provides business financing for small and medium enterprises (SMEs) and mid-market enterprises (MMEs). Geographically, the company operates in Sri Lanka.

Nations Trust Bank Headlines

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