Standard Chartered (Standard Chartered) 6-Month Price Index : 1.15 (As of Apr. 30, 2024)

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What is Standard Chartered 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 (2024-04-30), Standard Chartered's 6-Month Price Index is 1.15.

Competitive Comparison of Standard Chartered's 6-Month Price Index

For the Banks - Diversified subindustry, Standard Chartered'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.

Standard Chartered (OTCPK:SCBFF) 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.

Standard Chartered (OTCPK:SCBFF) 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.

Standard Chartered 6-Month Price Index Related Terms

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

Standard Chartered (Standard Chartered) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered PLC (OTCPK:SCBFF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

SCBFY:USA 02888:Hong Kong STANl:UK STAN:UK STAC.PFD:UK STAB.PFD:UK STD:Germany

Address

1 Basinghall Avenue, London, GBR, EC2V 5DD

Website

https://www.sc.com

Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with the holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the U.K. and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the United Kingdom. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.