GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Indian Overseas Bank (NSE:IOB) » Definitions » 6-Month Price Index

Indian Overseas Bank (NSE:IOB) 6-Month Price Index : 0.74 (As of Apr. 27, 2025)


View and export this data going back to 2000. Start your Free Trial

What is Indian Overseas 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 (2025-04-27), Indian Overseas Bank's 6-Month Price Index is 0.74.


Competitive Comparison of Indian Overseas Bank's 6-Month Price Index

For the Banks - Regional subindustry, Indian Overseas 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.


Indian Overseas Bank  (NSE:IOB) 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.


Indian Overseas Bank  (NSE:IOB) 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.


Indian Overseas Bank 6-Month Price Index Related Terms

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


Indian Overseas Bank Business Description

Traded in Other Exchanges
Address
No. 763, Anna Salai, Chennai, TN, IND, 600 002
Indian Overseas Bank is engaged in the banking sector. The bank is based in India and has branches in several Asian countries. The majority of revenue is earned domestically. Its segments are corporate/wholesale banking, treasury, retail banking, and other banking operations. Corporate/wholesale banking provides working capital finance, term loans, and loans for the information technology sector. The Treasury segment offers asset management services, credit cards, settlement services, and locker facilities while the retail banking segment provides current accounts, term deposits, retail loans, mortgages, insurance, and Internet banking.

Indian Overseas Bank Headlines

No Headlines