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First Merchants (STU:FM5) 6-Month Price Index : 0.97 (As of Jun. 09, 2024)


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What is First Merchants 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 (2024-06-09), First Merchants's 6-Month Price Index is 0.97.

Competitive Comparison of First Merchants's 6-Month Price Index

For the Banks - Regional subindustry, First Merchants'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.

First Merchants  (STU:FM5) 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.

First Merchants  (STU:FM5) 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.

First Merchants 6-Month Price Index Related Terms

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

First Merchants (STU:FM5) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Merchants Corp (STU:FM5) » Definitions » 6-Month Price Index
Comparable Companies
PFS SBCF IBTX HTLF TOWN HTH MBIN TRMK BKU PPBI NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
FRME:USA
Address
200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814
Website
https://www.firstmerchants.com
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.

First Merchants (STU:FM5) Headlines

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