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Turkiye Kalkinma Bankasi AS (IST:KLNMA) 6-Month Price Index : 0.87 (As of Jun. 08, 2024)


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What is Turkiye Kalkinma Bankasi AS 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 (2024-06-08), Turkiye Kalkinma Bankasi AS's 6-Month Price Index is 0.87.


Competitive Comparison of Turkiye Kalkinma Bankasi AS's 6-Month Price Index

For the Banks - Regional subindustry, Turkiye Kalkinma Bankasi AS'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.


Turkiye Kalkinma Bankasi AS  (IST:KLNMA) 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.


Turkiye Kalkinma Bankasi AS  (IST:KLNMA) 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.


Turkiye Kalkinma Bankasi AS 6-Month Price Index Related Terms

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


Turkiye Kalkinma Bankasi AS (IST:KLNMA) Business Description

Traded in Other Exchanges
N/A
Address
Necatibey Caddesi No. 98, Kizilay, Ankara, TUR, 06100
Turkiye Kalkinma Bankasi AS is a Turkish banking service provider, which specializes in investment banking and financing activities primarily to the industrial, tourism and energy sectors. Under the investment banking division, the company provides places activities such as investment services, which cover treasury bills, repo, Kalkinma funds, money transfer, and apex banking activities. It also conducts certain activities under financing services such as Kalkinma working capital loan, World bank renewable energy and energy efficiency loan, European investment bank small and medium enterprises (SME) development loan, Islamic development bank investment loan and world bank SME-II Apex loan.

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