Dubai National Insurance & Reinsurance PSC (DFM:DNIR) 6-Month Price Index : 0.88 (As of May. 21, 2024)

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What is Dubai National Insurance & Reinsurance PSC 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 (2024-05-21), Dubai National Insurance & Reinsurance PSC's 6-Month Price Index is 0.88.

Competitive Comparison of Dubai National Insurance & Reinsurance PSC's 6-Month Price Index

For the Insurance - Diversified subindustry, Dubai National Insurance & Reinsurance PSC'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.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) 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.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) 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.

Dubai National Insurance & Reinsurance PSC 6-Month Price Index Related Terms

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Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dubai National Insurance & Reinsurance PSC (DFM:DNIR) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE

Website

https://www.dni.ae

Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Headlines

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