SBKFF (State Bank of India) 6-Month Price Index : 1.01 (As of Dec. 12, 2024)

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What is State Bank of India 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 (2024-12-12), State Bank of India's 6-Month Price Index is 1.01.

Competitive Comparison of State Bank of India's 6-Month Price Index

For the Banks - Regional subindustry, State Bank of India'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.

State Bank of India (OTCPK:SBKFF) 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.

State Bank of India (OTCPK:SBKFF) 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.

State Bank of India 6-Month Price Index Related Terms

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State Bank of India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » State Bank of India (OTCPK:SBKFF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

SBIN:India 500112:India SBIDl:UK SBID:UK SID:Germany

Address

Madam Cama Road, State Bank Bhavan, 14th Floor, Corporate Centre, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.sbi.co.in

State Bank of India is a bank in India. The bank's business segments include Treasury; Corporate/Wholesale Banking; Retail Banking and Other Banking businesses. The bank generates maximum revenue from the Retail Banking segment. The Retail Banking Segment comprises retail branches, which primarily include Personal Banking activities including lending activities to corporate customers having banking relations with these branches. This segment also includes the agency business and ATMs. Geographically, it derives a majority of its revenue from India.