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Esterad Investment Co BSC (BAH:ESTERAD) 6-Month Price Index : 1.25 (As of Sep. 25, 2024)


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What is Esterad Investment Co BSC 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 (2024-09-25), Esterad Investment Co BSC's 6-Month Price Index is 1.25.


Competitive Comparison of Esterad Investment Co BSC's 6-Month Price Index

For the Asset Management subindustry, Esterad Investment Co BSC'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.


Esterad Investment Co BSC  (BAH:ESTERAD) 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.


Esterad Investment Co BSC  (BAH:ESTERAD) 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.


Esterad Investment Co BSC 6-Month Price Index Related Terms

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Esterad Investment Co BSC Business Description

Traded in Other Exchanges
N/A
Address
GBCORP Tower, 3rd Floor, P.O. Box 1080, Manama, BHR
Esterad Investment Co BSC is a Bahrain company operating in the financial sector. The principal activity of the company is to invest in public and private equities, fixed income, real estate, and other asset classes in both local and international markets. It owns four key portfolio investment models including a strategic equity portfolio, fixed income portfolio, properties & income-producing assets, and a trading portfolio. The company generates the majority of its revenue from Investment income.

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