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United Cooperative Assurance Co (SAU:8190) 6-Month Price Index : 1.20 (As of Jun. 23, 2024)


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What is United Cooperative Assurance Co 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 (2024-06-23), United Cooperative Assurance Co's 6-Month Price Index is 1.20.


Competitive Comparison of United Cooperative Assurance Co's 6-Month Price Index

For the Insurance - Diversified subindustry, United Cooperative Assurance Co'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.


United Cooperative Assurance Co  (SAU:8190) 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.


United Cooperative Assurance Co  (SAU:8190) 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.


United Cooperative Assurance Co 6-Month Price Index Related Terms

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


United Cooperative Assurance Co (SAU:8190) Business Description

Traded in Other Exchanges
N/A
Address
Prince Saud Al Faisal Street, Al-Mukmal Centre (1st and 4th Floor), P.O. Box 5019, Al Khalidiyah District, Jeddah, SAU, 21422
United Cooperative Assurance Co is a company operating in the insurance sector. Its business is divided into four segments including Medical insurance, Motor Insurance, Energy and engineering insurance, and Other classes. The medical insurance segment covers medical costs, medicines, and all other medical services and supplies. Motor Insurance, provides coverage against losses and liability related to motor vehicles, excluding transport insurance. And Other classes segment covers other classes of insurance including property, marine, cargo, aviation, among others. It generates the majority of the revenue from Motor Insurance.

United Cooperative Assurance Co (SAU:8190) Headlines

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