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RLI (FRA:RL1) 6-Month Price Index : 1.05 (As of Jun. 09, 2024)


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What is RLI 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 (2024-06-09), RLI's 6-Month Price Index is 1.05.

Competitive Comparison of RLI's 6-Month Price Index

For the Insurance - Property & Casualty subindustry, RLI'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.

RLI  (FRA:RL1) 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.

RLI  (FRA:RL1) 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.

RLI 6-Month Price Index Related Terms

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

RLI (FRA:RL1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » RLI Corp (FRA:RL1) » Definitions » 6-Month Price Index
Comparable Companies
SIGI THG WTM KNSL KMPR MCY AFG PLMR STC SKWD PGR CB TSE:8766 TRV ALL TSE:8725 HKSE:01339 HIG HKSE:02328 TSX:IFC
Traded in Other Exchanges
RLI:USA
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
Website
https://www.rlicorp.com
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include casualty, property, and surety and it derives a majority of its revenue from the Casualty segment.

RLI (FRA:RL1) Headlines

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