GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NRBC Bank PLC (DHA:NRBCBANK) » Definitions » 6-Month Price Index

NRBC Bank (DHA:NRBCBANK) 6-Month Price Index : 0.86 (As of Apr. 13, 2025)


View and export this data going back to 2021. Start your Free Trial

What is NRBC Bank 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 (2025-04-13), NRBC Bank's 6-Month Price Index is 0.86.


Competitive Comparison of NRBC Bank's 6-Month Price Index

For the Banks - Regional subindustry, NRBC Bank'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.


NRBC Bank  (DHA:NRBCBANK) 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.


NRBC Bank  (DHA:NRBCBANK) 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.


NRBC Bank 6-Month Price Index Related Terms

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


NRBC Bank Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
114 Motijheel Commercial Area, Red Crescent Jashim Trade Centre, Dhaka, BGD, 1000
NRBC Bank PLC is engaged in banking and related activities including accepting customer deposits, lending to retail, Small, and Medium Enterprises and corporate customers, Trade Financing, lease financing, project financing, issuing Letters of Credit, interbank borrowing and lending, and dealing in government securities and equity shares among others. The company's segment includes Conventional Banking; Islamic Banking and NRBC Bank Securities Limited. It generates maximum revenue from Conventional Banking segment.

NRBC Bank Headlines

No Headlines