Keiyo Bank (TSE:8544) 6-Month Price Index : 1.24 (As of Jun. 03, 2024)

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What is Keiyo Bank 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 (2024-06-03), Keiyo Bank's 6-Month Price Index is 1.24.

Competitive Comparison of Keiyo Bank's 6-Month Price Index

For the Banks - Regional subindustry, Keiyo Bank'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.

Keiyo Bank (TSE:8544) 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.

Keiyo Bank (TSE:8544) 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.

Keiyo Bank 6-Month Price Index Related Terms

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Keiyo Bank (TSE:8544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Keiyo Bank Ltd (TSE:8544) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-11, Fujimi, Chuo-ku, Chiba, JPN, 260-0015

Website

http://www.keiyobank.co.jp

Keiyo Bank Ltd is a Japanese regional bank operating in the Chiba prefecture. Nearly half of its banking locations are in Chiba proper. Its commercial banking activities include consumer loans, foreign currency deposits, and ATM services. Most of the bank's earning assets are in loans and bill discounted, along with securities. Most of its retail loan portfolio is concentrated in housing loans and loans to small and midsize companies. The bank relies on a consulting arm that works with customers to curtail nonperforming loans. In addition to net interest income, the bank relies on fees and commissions to generate income.

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