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Erie Indemnity Co (STU:EI2) 6-Month Price Index : 1.33 (As of May. 27, 2024)


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What is Erie Indemnity Co 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 (2024-05-27), Erie Indemnity Co's 6-Month Price Index is 1.33.

Competitive Comparison of Erie Indemnity Co's 6-Month Price Index

For the Insurance Brokers subindustry, Erie Indemnity Co'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.

Erie Indemnity Co  (STU:EI2) 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.

Erie Indemnity Co  (STU:EI2) 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.

Erie Indemnity Co 6-Month Price Index Related Terms

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

Erie Indemnity Co (STU:EI2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Erie Indemnity Co (STU:EI2) » Definitions » 6-Month Price Index
Comparable Companies
BRO WTW CRVL BWIN QDMI SLQT CRD.A FANH EHTH ZBAO MMC AON AJG BOM:543390 ASX:SDF ASX:AUB GPROFUT ASX:PSI XSGO:BANVIDA TSE:7388
Traded in Other Exchanges
ERIE:USA
Address
100 Erie Insurance Place, Erie, PA, USA, 16530
Website
https://www.erieinsurance.com
Erie Indemnity Co primarily performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.

Erie Indemnity Co (STU:EI2) Headlines

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