GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cavmont Capital Holdings Zambia PLC (LUS:CCHZ) » Definitions » 6-Month Price Index

Cavmont Capital Holdings Zambia (LUS:CCHZ) 6-Month Price Index : 1.00 (As of Jun. 06, 2024)


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

What is Cavmont Capital Holdings Zambia 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), Cavmont Capital Holdings Zambia's 6-Month Price Index is 1.00.


Competitive Comparison of Cavmont Capital Holdings Zambia's 6-Month Price Index

For the Banks - Regional subindustry, Cavmont Capital Holdings Zambia'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.


Cavmont Capital Holdings Zambia  (LUS:CCHZ) 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.


Cavmont Capital Holdings Zambia  (LUS:CCHZ) 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.


Cavmont Capital Holdings Zambia 6-Month Price Index Related Terms

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


Cavmont Capital Holdings Zambia (LUS:CCHZ) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Anglo American Building 1st Floor, 74 Independence Avenue, Lusaka, ZMB, 38474
Cavmont Capital Holdings Zambia PLC through its subsidiary, Cavmont Bank Limited, provides Corporate, investment, Retail banking, and Community banking services in Zambia. The company's product includes personal, business, treasury, credit and others. It also offers various services such as Payment Solutions and Treasury Services. Payment Solutions includes Real Time Gross Settlement, Direct Debit and Credit Clearing ( DDACC), Standing Order, Telegraphic Transfers, Drafts and Managers Cheques. Whereas Treasury Services offers Foreign Exchange, Investments, Government Paper and Financial Markets News.

Cavmont Capital Holdings Zambia (LUS:CCHZ) Headlines

No Headlines