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Cadence Bank (Cadence Bank) 6-Month Price Index : 1.29 (As of May. 14, 2024)


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What is Cadence 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 (2024-05-14), Cadence Bank's 6-Month Price Index is 1.29.

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

For the Banks - Regional subindustry, Cadence 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.

Cadence Bank  (NYSE:CADE) 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.

Cadence Bank  (NYSE:CADE) 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.

Cadence Bank 6-Month Price Index Related Terms

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

Cadence Bank (Cadence Bank) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cadence Bank (NYSE:CADE) » Definitions » 6-Month Price Index
Comparable Companies
ONB OZK SNV FNB HOMB BOKF SSB UBSI PB WTFC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
CADEpA.PFD:USA
Address
201 South Spring Street, One Mississippi Plaza, Tupelo, MS, USA, 38804
Website
https://www.cadencebank.com
Cadence Bank is a bank based in the United States. The operating segments 1) Banking Services segment provides all traditional banking products and services, including commercial loans and deposits. 2) Mortgage segment includes mortgage banking activities of originating mortgage loans, and selling mortgage loans in the secondary market.3) Wealth Management segment offers individuals, businesses, governmental institutions and non-profit entities solutions to help protect, grow and transfer wealth. 4) Insurance Agencies segment provides service as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, etc. 5) General Corporate and Other segment included other activities not allocated to other aforementioned operating segments.