Katahdin Bankshares (Katahdin Bankshares) 6-Month Price Index : 1.04 (As of May. 18, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Katahdin Bankshares 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 (2024-05-18), Katahdin Bankshares's 6-Month Price Index is 1.04.

Competitive Comparison of Katahdin Bankshares's 6-Month Price Index

For the Banks - Regional subindustry, Katahdin Bankshares'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.

Katahdin Bankshares (OTCPK:KTHN) 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.

Katahdin Bankshares (OTCPK:KTHN) 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.

Katahdin Bankshares 6-Month Price Index Related Terms

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

Katahdin Bankshares (Katahdin Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Katahdin Bankshares Corp (OTCPK:KTHN) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730

Website

https://www.katahdintrust.com

Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.