GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Stock Yards Bancorp Inc (NAS:SYBT) » Definitions » 6-1 Month Momentum %

Stock Yards Bancorp (Stock Yards Bancorp) 6-1 Month Momentum % : 17.82% (As of Apr. 25, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Stock Yards Bancorp 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 (2024-04-25), Stock Yards Bancorp's 6-1 Month Momentum % is 17.82%.

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

SYBT's 6-1 Month Momentum % is ranked better than
65.91% of 1552 companies
in the Banks industry
Industry Median: 10.77 vs SYBT: 17.82

Competitive Comparison of Stock Yards Bancorp's 6-1 Month Momentum %

For the Banks - Regional subindustry, Stock Yards Bancorp'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.


Stock Yards Bancorp's 6-1 Month Momentum % Distribution in the Banks Industry

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

* The bar in red indicates where Stock Yards Bancorp's 6-1 Month Momentum % falls into.



Stock Yards Bancorp  (NAS:SYBT) 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.


Stock Yards Bancorp  (NAS:SYBT) 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.


Stock Yards Bancorp 6-1 Month Momentum % Related Terms

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


Stock Yards Bancorp (Stock Yards Bancorp) Business Description

Traded in Other Exchanges
Address
1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank. The bank has two reportable operating segments namely Commercial Banking and Wealth management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination, and others. It generates a majority of its revenue from the Commercial Banking segment.
Executives
Kathy C Thompson director, officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Allison Donovan director PO BOX 32890, LOUISVILLE KY 40232
James A Hillebrand officer: Executive Vice President 13308 LONGWOOD LANE, GOSHEN KY 40026
David P Heintzman director, officer: President PO BOX 32890, LOUISVILLE KY 40232-2890
Shannon Bishop Arvin director PO BOX 157, PARIS KY 40362-0157
Richard A Lechleiter director PO BOX 32890, LOUISVILLE KY 40232-2890
John Schutte director 9707 SHELBYVILLE ROAD, LOUISVILLE KY 40233
Carl G Herde director 8210 LIMEHOUSE LANE, LOUISVILLE KY 40220
Michael Croce officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Michael Rehm officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232
Philip Poindexter officer: Executive Vice President 320 MOCKINGBIRD HILL ROAD, LOUISVILLE KY 40207
Laura L Wells director PO BOX 32890, LOUISVILLE KY 40232
Bickel Paul J Iii director PO BOX 32890, LOUISVILLE KY 40232
Stephen M Priebe director PO BOX 32890, LOUISVILLE KY 40232-2890
William Dishman officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890

Stock Yards Bancorp (Stock Yards Bancorp) Headlines