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Cathay General Bancorp (FRA:CN7) 6-Month Price Index : 0.93 (As of Jun. 06, 2024)


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What is Cathay General Bancorp 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 (2024-06-06), Cathay General Bancorp's 6-Month Price Index is 0.93.

Competitive Comparison of Cathay General Bancorp's 6-Month Price Index

For the Banks - Regional subindustry, Cathay General Bancorp'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.

Cathay General Bancorp  (FRA:CN7) 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.

Cathay General Bancorp  (FRA:CN7) 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.

Cathay General Bancorp 6-Month Price Index Related Terms

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Cathay General Bancorp (FRA:CN7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cathay General Bancorp (FRA:CN7) » Definitions » 6-Month Price Index
Comparable Companies
WSFS FHB NYCB TCBI CBU FIBK BANF INTR EBC AUB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
CATY:USA
Address
777 North Broadway, Los Angeles, CA, USA, 90012
Website
https://www.cathaybank.com
Cathay General Bancorp is a regional bank primarily serving the Chinese-American community. With more than 45 branches and three international representative offices, the bank provides traditional loan and deposit products, as well as international trade-related services to individuals and small to midsize businesses. The Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The Bank also provides letters of credit, safe deposit, Social Security payment deposit, bank-by-mail, Internet banking services, and other customary banking services.

Cathay General Bancorp (FRA:CN7) Headlines

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