Lea bank ASA (OSL:LEA) 6-Month Price Index : 1.03 (As of May. 20, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Lea bank ASA 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 (2024-05-20), Lea bank ASA's 6-Month Price Index is 1.03.

Competitive Comparison of Lea bank ASA's 6-Month Price Index

For the Banks - Regional subindustry, Lea bank ASA'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.

Lea bank ASA (OSL:LEA) 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.

Lea bank ASA (OSL:LEA) 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.

Lea bank ASA 6-Month Price Index Related Terms

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

Lea bank ASA (OSL:LEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lea bank ASA (OSL:LEA) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

9MJ:Germany

Address

Holbergs gate 21, Oslo, NOR, 0166

Website

https://www.leabank.no

Lea bank ASA is a fully digital consumer finance bank with a presence in the Nordic market. The company offers consumer loans, savings accounts, automated invoice purchases, and SME financing with attractive terms for its customers.