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Power of Canada (TSX:POW.PR.C.PFD) 6-Month Price Index : 1.08 (As of May. 01, 2024)


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What is Power of Canada 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 (2024-05-01), Power of Canada's 6-Month Price Index is 1.08.

Competitive Comparison of Power of Canada's 6-Month Price Index

For the Insurance - Life subindustry, Power of Canada'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.

Power of Canada  (TSX:POW.PR.C.PFD) 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.

Power of Canada  (TSX:POW.PR.C.PFD) 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.

Power of Canada 6-Month Price Index Related Terms

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

Power of Canada (TSX:POW.PR.C.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Power Corporation of Canada (TSX:POW.PR.C.PFD) » Definitions » 6-Month Price Index
Comparable Companies
TSX:GWO TSX:ELF TSX:SFC TSX:MFC SHSE:601628 SHSE:601318 HKSE:01299 BOM:543526 MET AFL PRU SHSE:601601 TPE:2881 LSE:PRU TPE:2882 TSE:8750 BOM:540719 BOM:540777 XKRX:032830 SHSE:601336
Traded in Other Exchanges
PWCDF:USA PCR:Germany POW.PR.G.PFD:Canada POW.PR.E:Canada POW.PR.D.PFD:Canada POW.PR.B.PFD:Canada POW.PR.A.PFD:Canada POW:Canada
Address
751 Victoria Square, Montreal, QC, CAN, H2Y 2J3
Website
https://www.powercorporation.com
Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).

Power of Canada (TSX:POW.PR.C.PFD) Headlines

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