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City Bank (DHA:CITYBANK) 6-Month Price Index : 0.91 (As of Jun. 10, 2024)


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What is City 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 (2024-06-10), City Bank's 6-Month Price Index is 0.91.


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

For the Banks - Regional subindustry, City 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.


City Bank  (DHA:CITYBANK) 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.


City Bank  (DHA:CITYBANK) 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.


City Bank 6-Month Price Index Related Terms

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


City Bank (DHA:CITYBANK) Business Description

Traded in Other Exchanges
N/A
Address
136, Bir Uttam Mir Shawkat Sarak (Gulshan Avenue), Gulshan-2, Dhaka, BGD, 1212
City Bank PLC operates as a commercial bank offering a range of depository, loan, and card products, and services. Its products and services include various types of savings and current accounts, personal loans, debit cards, credit cards, internet banking, corporate banking, SME banking, investment banking, and treasury and syndication services, among others. The company recognizes the majority of its revenue from interest, fees, commission, and investment income.

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