Credito Emiliano (MIL:CE) 6-Month Price Index : 1.22 (As of May. 21, 2024)

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What is Credito Emiliano 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 (2024-05-21), Credito Emiliano's 6-Month Price Index is 1.22.

Competitive Comparison of Credito Emiliano's 6-Month Price Index

For the Banks - Regional subindustry, Credito Emiliano'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.

Credito Emiliano (MIL:CE) 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.

Credito Emiliano (MIL:CE) 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.

Credito Emiliano 6-Month Price Index Related Terms

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Credito Emiliano (MIL:CE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Credito Emiliano (MIL:CE) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

CDEFF:USA 0K93:UK EAO:Germany

Address

Via Emilia San Pietro No. 4, Reggio Emilia, ITA, 42100

Website

http://www.credem.it

Credito Emiliano is a banking group that consists of several financial services companies. The group operates in multiple regions throughout Italy, particularly in the north and central portions of the country. Its activities principally include commercial banking, including retail services and small and medium enterprise banking, asset management, bancassurance as well as Trading services, and treasury. The group's distribution network targeting retail and corporate banking customers includes branches, business centers, and financial outlets. Its wealth management activities include mutual fund management, portfolio management, as well as private equity and hedge fund offerings. The bank's funding sources derive from direct bank deposits, insurance reserves, and assets under management.