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Valley National Bancorp (Valley National Bancorp) 6-Month Price Index : 1.20 (As of Apr. 28, 2024)


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What is Valley National 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 (2024-04-28), Valley National Bancorp's 6-Month Price Index is 1.20.

Competitive Comparison of Valley National Bancorp's 6-Month Price Index

For the Banks - Regional subindustry, Valley National 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.

Valley National Bancorp  (NAS:VLYPP.PFD) 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.

Valley National Bancorp  (NAS:VLYPP.PFD) 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.

Valley National Bancorp 6-Month Price Index Related Terms

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

Valley National Bancorp (Valley National Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Valley National Bancorp (NAS:VLYPP.PFD) » Definitions » 6-Month Price Index
Comparable Companies
COLB HWC UMBF SFBS GBCI TFSL IBOC FFIN ABCB UBSI NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
VLYPO.PFD:USA VLY:USA VNB:Germany
Address
One Penn Plaza, New York, NY, USA, 10119
Website
https://www.valley.com
Valley National Bancorp is a bank holding company whose principal wholly-owned subsidiary is Valley National Bank. It provides a full range of commercial, retail, and trust and investment services largely through its offices and ATM network throughout northern and central New Jersey, New York City and Long Island, Florida, and Alabama. The segments of the group are commercial lending, consumer lending, investment management, and corporate and other adjustments, of which key interest income is derived from the commercial lending segment. In recent years, the company has focused on acquiring companies that operate outside of traditional banking and has emphasized wealth and capital management.