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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) 6-1 Month Momentum %

: N/A% (As of Today)
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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-18), First Citizens Bancshares (TN)'s 6-1 Month Momentum % is N/A%.

The industry rank for First Citizens Bancshares (TN)'s 6-1 Month Momentum % or its related term are showing as below:

FIZN's 6-1 Month Momentum % is not ranked *
in the Banks industry.
Industry Median: 8.15
* Ranked among companies with meaningful 6-1 Month Momentum % only.

Competitive Comparison

For the Banks - Regional subindustry, First Citizens Bancshares (TN)'s 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


First Citizens Bancshares (TN) 6-1 Month Momentum % Distribution

For the Banks industry and Financial Services sector, First Citizens Bancshares (TN)'s 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where First Citizens Bancshares (TN)'s 6-1 Month Momentum % falls into.



First Citizens Bancshares (TN)  (OTCPK:FIZN) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


First Citizens Bancshares (TN)  (OTCPK:FIZN) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


First Citizens Bancshares (TN) 6-1 Month Momentum % Related Terms

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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Business Description

Traded in Other Exchanges
N/A
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
First Citizens Bancshares Inc (TN) is a financial holding company. The bank offers various services such as checking accounts, savings accounts, mobile and tablet banking, digital banking, loans, insurance and other banking services. The company operates its business in four segments, 1) General Banking which offers a full suite of deposit products, loans, cash management, wealth, payments and various other fee-based services., 2) Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services to small and middle market companies, 3) Rail offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers throughout North America and 4) Corporate.

First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Headlines