GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Town Center Bank IL (OTCPK:TCNB) » Definitions » 6-Month Price Index

Town Center Bank IL (Town Center Bank IL) 6-Month Price Index : 1.14 (As of May. 31, 2024)


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

What is Town Center Bank IL 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 (2024-05-31), Town Center Bank IL's 6-Month Price Index is 1.14.


Competitive Comparison of Town Center Bank IL's 6-Month Price Index

For the Banks - Regional subindustry, Town Center Bank IL'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.


Town Center Bank IL  (OTCPK:TCNB) 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.


Town Center Bank IL  (OTCPK:TCNB) 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.


Town Center Bank IL 6-Month Price Index Related Terms

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


Town Center Bank IL (Town Center Bank IL) Business Description

Traded in Other Exchanges
N/A
Address
1938 E. Lincoln Highway, Unit 201, New Lenox, IL, USA, 60451
Town Center Bank IL provides banking products and services to families, businesses, and organizations in Illinois. Its primary deposit products are checking, savings, and term certificate accounts and its primary lending products are residential mortgages, commercial, commercial real estate, construction, land development, and consumer loans. Other financial instruments offered by the bank include loan commitments, credit lines, letters of credit, and overdraft protection.

Town Center Bank IL (Town Center Bank IL) Headlines

No Headlines