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Raymond James Financial (LTS:0KU1) 6-Month Price Index : 1.00 (As of Apr. 29, 2024)


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What is Raymond James 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 (2024-04-29), Raymond James Financial's 6-Month Price Index is 1.00.

Competitive Comparison of Raymond James Financial's 6-Month Price Index

For the Capital Markets subindustry, Raymond James 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.

Raymond James Financial  (LTS:0KU1) 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.

Raymond James Financial  (LTS:0KU1) 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.

Raymond James Financial 6-Month Price Index Related Terms

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

Raymond James Financial (LTS:0KU1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Raymond James Financial Inc (LTS:0KU1) » Definitions » 6-Month Price Index
Comparable Companies
TW LPLA HOOD IBKR XP JEF FUTU HLI SF MKTX MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 SHSE:601066 TSE:8604 HKSE:03908 SHSE:601688
Traded in Other Exchanges
RJF:USA RJF:Germany R1JF34:Brazil
Address
880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Website
https://www.raymondjames.com
Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.2 trillion of assets under administration as of September 2023. Approximately 90% of the company's revenue is from the U.S. and 70% is from the company's wealth-management segment.

Raymond James Financial (LTS:0KU1) Headlines

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