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Dime Community Bancshares (Dime Community Bancshares) 6-1 Month Momentum % : -1.81% (As of Apr. 27, 2024)


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What is Dime Community 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 (2024-04-27), Dime Community Bancshares's 6-1 Month Momentum % is -1.81%.

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

DCOM's 6-1 Month Momentum % is ranked worse than
66.84% of 1559 companies
in the Banks industry
Industry Median: 10.59 vs DCOM: -1.81

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

For the Banks - Regional subindustry, Dime Community 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.


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

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

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



Dime Community Bancshares  (NAS:DCOM) 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.


Dime Community Bancshares  (NAS:DCOM) 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.


Dime Community Bancshares 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Dime Community Bancshares's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dime Community Bancshares (Dime Community Bancshares) Business Description

Traded in Other Exchanges
Address
898 Veterans Memorial Highway, Suite 560, Hauppauge, NY, USA, 11788
Dime Community Bancshares Inc operates as a holding company. It gathers deposits from customers within its market area and via the internet, and invests them in multifamily residential, commercial real estate, commercial and industrial (C&I) loans, and one-to-four family residential real estate loans, as well as mortgage-backed securities, obligations of the U.S. government and government- sponsored enterprises (GSEs), and corporate debt and equity securities.
Executives
Stuart H Lubow officer: President 300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Judith H Germano director 898 VETERANS MEMORIAL HIGHWAY, HAUPPAUGE NY 11788
Basswood Capital Management, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Christopher J Porzelt officer: Chief Risk Officer 300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Basswood Partners, L.l.c. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL, NEW YORK NY 10022
Basswood Financial Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Financial Long Only Fund, L.p. director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Basswood Opportunity Fund Inc director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVE, 10TH FL, NEW YORK NY 10017
Basswood Opportunity Partners, L.p. director, 10 percent owner, other: Director-by-Deputization BASSWOOD CAPITAL MANAGEMENT LLC, 645 MADISON AVENUE, NEW YORK NY 10022
Michael Fegan officer: Chief Technology & Ops Officer 300 CADMAN PLAZA WEST, BROOKLYN NY 11201
Kenneth J Mahon director
Paul M Aguggia director 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Mccoy Jr. Albert E director P.O. BOX 3005, BRIDGEHAMPTON NY 11932
Rosemarie Chen director 300 CADMAN PLAZA WEST, 8TH FLOOR, BROOKLYN NY 11201
Bennett D Lindenbaum director, 10 percent owner, other: Director-by-Deputization 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022