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Life & Banc Split (TSX:LBS.PR.A) 6-Month Price Index : 1.04 (As of May. 22, 2024)


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What is Life & Banc Split 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 (2024-05-22), Life & Banc Split's 6-Month Price Index is 1.04.

Competitive Comparison of Life & Banc Split's 6-Month Price Index

For the Asset Management subindustry, Life & Banc Split'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.

Life & Banc Split  (TSX:LBS.PR.A) 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.

Life & Banc Split  (TSX:LBS.PR.A) 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.

Life & Banc Split 6-Month Price Index Related Terms

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

Life & Banc Split (TSX:LBS.PR.A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Life & Banc Split Corp (TSX:LBS.PR.A) » Definitions » 6-Month Price Index
Comparable Companies
TSX:FTN TSX:AIM TSX:HFPC.U TSX:ENS TSX:QRC TSX:FFN TSX:PTI.UN TSX:OLY TSX:BK TSXV:TINY BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
LBS:Canada
Address
181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Website
https://www.bromptongroup.com
Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. Primarily, it invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.

Life & Banc Split (TSX:LBS.PR.A) Headlines

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