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Banco Pine (BSP:PINE4) 6-Month Price Index : 1.10 (As of May. 15, 2024)


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What is Banco Pine 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 (2024-05-15), Banco Pine's 6-Month Price Index is 1.10.

Competitive Comparison of Banco Pine's 6-Month Price Index

For the Banks - Regional subindustry, Banco Pine'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.

Banco Pine  (BSP:PINE4) 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.

Banco Pine  (BSP:PINE4) 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.

Banco Pine 6-Month Price Index Related Terms

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

Banco Pine (BSP:PINE4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Pine SA (BSP:PINE4) » Definitions » 6-Month Price Index
Comparable Companies
BSP:BRIV3 BSP:BGIP3 BSP:BMIN3 BSP:BMEB3 BSP:BMGB4 BSP:BEES3 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180
Traded in Other Exchanges
PINE3:Brazil
Address
Avenida Presidente Juscelino Kubitschek, n° 1.830 - 4th Floor, Itaim Bibi, Pinheiros, SP, BRA, 4543900
Website
https://www.pine.com
Banco Pine SA is a banking company. It operates commercial, credit and financing and foreign exchange portfolios. The company's operations are conducted in the context of a group of institutions which act jointly, and certain transactions involve the co-participation or intermediation of member companies of the Pine financial conglomerate. The benefits from the intercompany services and the costs for the operating and administrative structures are absorbed, either jointly or individually, by these companies as is practicable and reasonable in the circumstances.

Banco Pine (BSP:PINE4) Headlines

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