Bank Of Ningbo Co (SZSE:002142) 6-Month Price Index : 1.14 (As of Jun. 06, 2024)

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What is Bank Of Ningbo Co 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 (2024-06-06), Bank Of Ningbo Co's 6-Month Price Index is 1.14.

Competitive Comparison of Bank Of Ningbo Co's 6-Month Price Index

For the Banks - Regional subindustry, Bank Of Ningbo Co'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.

Bank Of Ningbo Co (SZSE:002142) 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.

Bank Of Ningbo Co (SZSE:002142) 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.

Bank Of Ningbo Co 6-Month Price Index Related Terms

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Bank Of Ningbo Co (SZSE:002142) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of Ningbo Co Ltd (SZSE:002142) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

No. 345, Ningdong Road, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100

Website

http://www.nbcb.com.cn

Bank of Ningbo is the fifth largest city commercial bank in China by total assets. Established in 1997 and listed on the Shenzhen Exchange in 2007, the bank is headquartered in Ningbo, a vice provincial city in Zhejiang province. It has a differentiated positioning in SME and nonmortgage retail loan business. The bank has established 16 branches in Zhejiang Province, Jiangsu Province, Shanghai, Beijing, and Guangdong Province. These regions contributed about 29%, 23%, 5%, 4%, and 4%, respectively, to revenue in 2022. It has a diversified shareholding structure, with SASAC of Ningbo Municipal Government, Singapore's OCBC Bank, and Youngor Group holding 19%, 18%, and 8% of the shares, respectively, as of end-March 2023.

Executives

Yu Gang	Secretary Dong
Wei Xue Mei	Director
Song Han Ping	Director
Hong Li Feng	Supervisors
Yang Chen	Secretary Dong
Xu Li Xun	Director
Lu Hua Yu	Director
Yu Feng Ying	Director
Luo Meng Bo	Directors, executives
Luo Wei Kai	Executives
Zhang Ying Fang	Supervisors
Shi Li Zhong	Director
Liu Ru Fen	Supervisors
Fu Wen Sheng	Executives
Zhang Hui	Supervisors

Bank Of Ningbo Co (SZSE:002142) Headlines

No Headlines