Gulf Bank KSC (KUW:GBK) 6-Month Price Index : 1.08 (As of May. 28, 2024)

View and export this data going back to 1984. Start your Free Trial

What is Gulf Bank KSC 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 (2024-05-28), Gulf Bank KSC's 6-Month Price Index is 1.08.

Competitive Comparison of Gulf Bank KSC's 6-Month Price Index

For the Banks - Regional subindustry, Gulf Bank KSC'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.

Gulf Bank KSC (KUW:GBK) 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.

Gulf Bank KSC (KUW:GBK) 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.

Gulf Bank KSC 6-Month Price Index Related Terms

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

Gulf Bank KSC (KUW:GBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gulf Bank KSC (KUW:GBK) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Mubarak Al Kabir Street, P. O. Box 3200, Safat, Kuwait, KWT, 13032

Website

https://www.e-gulfbank.com

Gulf Bank KSC is predominantly a Kuwait-based banking service company. The bank's business activities are mapped into two business lines which are Commercial Banking, Treasury & Investments. Commercial Banking engages in the acceptance of deposits from individuals, corporate and institutional customers, and providing consumer loans, overdrafts, credit card facilities, and funds transfer facilities to individuals; and other credit facilities to corporate and institutional customers. The Treasury & Investments segment provides money market, trading, and treasury services, as well as the management of the Bank's funding operations by use of Kuwait Government treasury bonds, government securities, placements, and acceptances with other banks.

Gulf Bank KSC (KUW:GBK) Headlines

No Headlines