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Pan Asia Banking (COL:PABC.N0000) 6-Month Price Index : 1.29 (As of May. 26, 2024)


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What is Pan Asia Banking 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 (2024-05-26), Pan Asia Banking's 6-Month Price Index is 1.29.

Competitive Comparison of Pan Asia Banking's 6-Month Price Index

For the Banks - Regional subindustry, Pan Asia Banking'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.

Pan Asia Banking  (COL:PABC.N0000) 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.

Pan Asia Banking  (COL:PABC.N0000) 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.

Pan Asia Banking 6-Month Price Index Related Terms

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

Pan Asia Banking (COL:PABC.N0000) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pan Asia Banking Corp PLC (COL:PABC.N0000) » Definitions » 6-Month Price Index
Comparable Companies
COL:ABL.N0000 COL:SDB.N0000 COL:UBC.N0000 COL:NDB.N0000 COL:SEYB.N0000 COL:NTB.N0000 COL:DFCC.N0000 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
Traded in Other Exchanges
N/A
Address
No. 450, Galle Road, Colombo, LKA, 03
Website
https://www.pabcbank.com
Pan Asia Banking Corp PLC operates as a bank which is engaged in providing banking products and services. It provides services including corporate banking, retail banking, and treasury functions. The business segments of the company are Corporate Banking which includes loans, overdrafts, other credit facilities, deposits, current accounts and other services offered to corporate customers; Retail and SME Banking, which includes loans, overdrafts, credit card facilities, deposits, current accounts and other services offered to retail customers; and Treasury and investment function includes trading function, financing and other central functions, use of derivative for risk management purpose, investment products, and services to institutional investors and intermediaries.

Pan Asia Banking (COL:PABC.N0000) Headlines

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