Potomac Bancshares (Potomac Bancshares) 6-Month Price Index : 1.01 (As of Jun. 08, 2024)

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What is Potomac Bancshares 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 (2024-06-08), Potomac Bancshares's 6-Month Price Index is 1.01.

Competitive Comparison of Potomac Bancshares's 6-Month Price Index

For the Banks - Regional subindustry, Potomac Bancshares'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.

Potomac Bancshares (OTCPK:PTBS) 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.

Potomac Bancshares (OTCPK:PTBS) 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.

Potomac Bancshares 6-Month Price Index Related Terms

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Potomac Bancshares (Potomac Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Potomac Bancshares Inc (OTCPK:PTBS) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 East Washington Street, P.O. Box 906, Charles Town, WV, USA, 25414-0906

Website

https://www.mybct.com

Potomac Bancshares Inc is a bank holding company. The bank engages in the general banking business and provides individuals, businesses, and local governments with a range of banking services. The services provided by the bank include commercial credit lines, equipment loans, and construction financing; real estate loans, secondary market, and adjustable-rate mortgages; retail loan products including home equity lines of credit; checking and savings accounts for businesses and individuals; and certificates of deposit and individual retirement accounts.