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Ameriprise Financial (FRA:A4S) 6-Month Price Index : 1.30 (As of May. 02, 2024)


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What is Ameriprise Financial 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 (2024-05-02), Ameriprise Financial's 6-Month Price Index is 1.30.

Competitive Comparison of Ameriprise Financial's 6-Month Price Index

For the Asset Management subindustry, Ameriprise Financial'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.

Ameriprise Financial  (FRA:A4S) 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.

Ameriprise Financial  (FRA:A4S) 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.

Ameriprise Financial 6-Month Price Index Related Terms

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

Ameriprise Financial (FRA:A4S) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameriprise Financial Inc (FRA:A4S) » Definitions » 6-Month Price Index
Comparable Companies
BK ARES TROW STT PFG APO NTRS CRBG CG BEN BLK BX KKR OSTO:INVE A TSX:BN LSE:III XSWX:PGHN OSTO:EQT BOM:543940 LSE:LGEN
Traded in Other Exchanges
AMP:USA AMP:Mexico A1MP34:Brazil
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Website
https://www.ameriprise.com
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.

Ameriprise Financial (FRA:A4S) Headlines

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