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Buruj Cooperative Insurance Co (SAU:8270) 6-Month Price Index : 1.04 (As of Jun. 03, 2024)


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What is Buruj Cooperative Insurance 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 (2024-06-03), Buruj Cooperative Insurance Co's 6-Month Price Index is 1.04.


Competitive Comparison of Buruj Cooperative Insurance Co's 6-Month Price Index

For the Insurance - Diversified subindustry, Buruj Cooperative Insurance 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.


Buruj Cooperative Insurance Co  (SAU:8270) 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.


Buruj Cooperative Insurance Co  (SAU:8270) 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.


Buruj Cooperative Insurance Co 6-Month Price Index Related Terms

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


Buruj Cooperative Insurance Co (SAU:8270) Business Description

Traded in Other Exchanges
N/A
Address
Al Thomamah Road, P.O. Box 51855, An Nada, Riyadh, SAU, 11553
Buruj Cooperative Insurance Co is a multi-line insurance company. The objective of the company is to transact cooperative insurance business and related activities in the Kingdom of Saudi Arabia. Its principal lines of business include all classes of general insurance. The company provides insurance in the areas of Motor, Medical, Property and casualty, Marine, and others, of which key revenue is derived from the Motor Insurance. The Company has five reportable operating segments as follows: Motor insurance, Medical products, Property, Marine products and Others which include Engineering products and General Accident.

Buruj Cooperative Insurance Co (SAU:8270) Headlines

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