GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Carter Bankshares Inc (FRA:6NH) » Definitions » 6-Month Price Index

Carter Bankshares (FRA:6NH) 6-Month Price Index : 1.04 (As of May. 30, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Carter Bankshares 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-30), Carter Bankshares's 6-Month Price Index is 1.04.


Competitive Comparison of Carter Bankshares's 6-Month Price Index

For the Banks - Regional subindustry, Carter Bankshares's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.


Carter Bankshares  (FRA:6NH) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.


Carter Bankshares  (FRA:6NH) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


Carter Bankshares 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Carter Bankshares's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Carter Bankshares (FRA:6NH) Business Description

Traded in Other Exchanges
Address
1300 Kings Mountain Road, Martinsville, VA, USA, 24112
Carter Bankshares Inc is a bank holding company that conducts its business solely through the bank. The Bank earns revenue from interest on loans and securities and fees charged for financial services provided to customers. The Bank offers a full range of deposit services including Lifetime Free Checking, interest checking accounts, savings accounts, retirement accounts and other deposit accounts of various types, ranging from money market accounts to longer-term CDs. The Bank offers a full range of commercial and consumer loans. The Bank also originates and holds fixed and variable-rate mortgage loans and offers home equity lines of credit to its customers.

Carter Bankshares (FRA:6NH) Headlines

No Headlines