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Allam Bank BSC (DFM:SALAM_BAH) 6-Month Price Index : 1.19 (As of Jun. 02, 2024)


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What is Allam Bank BSC 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 (2024-06-02), Allam Bank BSC's 6-Month Price Index is 1.19.

Competitive Comparison of Allam Bank BSC's 6-Month Price Index

For the Banks - Regional subindustry, Allam Bank BSC'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.

Allam Bank BSC  (DFM:SALAM_BAH) 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.

Allam Bank BSC  (DFM:SALAM_BAH) 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.

Allam Bank BSC 6-Month Price Index Related Terms

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

Allam Bank BSC (DFM:SALAM_BAH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Salam Bank BSC (DFM:SALAM_BAH) » Definitions » 6-Month Price Index
Comparable Companies
BAH:ABC BAH:GFH BAH:BISB BAH:KHALEEJI BAH:ITHMR BAH:BBK BAH:NBB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658
Traded in Other Exchanges
SALAM:Bahrain
Address
Burj Al Khair 3, P.O.Box 18282, Manama, BHR
Website
https://www.alsalambank.com
Al Salam Bank BSC is a banking corporation operating in Bahrain. It provides various Islamic banking products and services in the Kingdom of Bahrain. The company offers money market, trading, and treasury services, including short-term commodities, managing portfolios, and serving clients with a range of investment products, funds, and alternative investments. Besides, it also manages the un-deployed capital of the company by investing it in high-quality financial instruments. The company's reportable segments namely Banking, Treasury, Takaful and Investments. It generates maximum revenue from the Banking segment.

Allam Bank BSC (DFM:SALAM_BAH) Headlines

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