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Parke Bancorp (FRA:PAV) 6-Month Price Index : 0.85 (As of Jun. 14, 2024)


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What is Parke 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 (2024-06-14), Parke Bancorp's 6-Month Price Index is 0.85.

Competitive Comparison of Parke Bancorp's 6-Month Price Index

For the Banks - Regional subindustry, Parke 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.

Parke Bancorp  (FRA:PAV) 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.

Parke Bancorp  (FRA:PAV) 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.

Parke Bancorp 6-Month Price Index Related Terms

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

Parke Bancorp (FRA:PAV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Parke Bancorp Inc (FRA:PAV) » Definitions » 6-Month Price Index
Comparable Companies
CZFS GBFH NWFL MBLU PBAM FFNW BPRN CSHX COFS FVCB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
PKBK:USA
Address
601 Delsea Drive, Washington Township, NJ, USA, 08080
Website
https://www.parkebank.com
Parke Bancorp Inc operates as a commercial bank providing personal and financial services to individuals and small to mid-sized businesses in various states of the USA. The bank offers services such as loan products, deposit services, and other financial products through its retail branches and other channels to its customers. Its lending businesses are commercial real estate lending, residential real estate lending, and construction lending among others. The Company operates one reportable segment of business, community banking.

Parke Bancorp (FRA:PAV) Headlines

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