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Zenith Bank (NSA:ZENITH) 6-Month Price Index : 0.94 (As of Jun. 04, 2024)


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What is Zenith Bank 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 (2024-06-04), Zenith Bank's 6-Month Price Index is 0.94.

Competitive Comparison of Zenith Bank's 6-Month Price Index

For the Banks - Regional subindustry, Zenith Bank'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.

Zenith Bank  (NSA:ZENITH) 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.

Zenith Bank  (NSA:ZENITH) 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.

Zenith Bank 6-Month Price Index Related Terms

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

Zenith Bank (NSA:ZENITH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zenith Bank PLC (NSA:ZENITH) » Definitions » 6-Month Price Index
Comparable Companies
NSA:STANBIC NSA:ACCESSCORP NSA:FBNH NSA:ETI NSA:FBP NSA:UBNP NSA:FCMB NSA:STERLINGNG NSA:JAIZBANK NSA:WEMA CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
Plot 84/87, Ajose Adeogun Street, Zenith Heights, Victoria Island, Lagos, NGA
Website
https://www.zenithbank.com
Zenith Bank PLC is a Nigeria- based company. Its core business is the provision of banking and other financial services to corporate and individual customers. The bank provides services such as granting of loans and advances, corporate finance and money market activities. It also provides banking and pension custodial services to a diverse group of corporations, financial institutions, investment funds, governments and individuals; provision of investment advisory, financial planning services and investment product offerings; providing brokerage services, financing services and securities lending services to institutional clients, including mutual funds, pension funds and to high-net-worth individuals. Revenue generated by bank consists of interest income, fees and commission received.

Zenith Bank (NSA:ZENITH) Headlines

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