GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Mediolanum (WBO:BMED) » Definitions » 6-Month Price Index

Banca Mediolanum (WBO:BMED) 6-Month Price Index : 1.34 (As of May. 01, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Banca Mediolanum 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), Banca Mediolanum's 6-Month Price Index is 1.34.


Competitive Comparison of Banca Mediolanum's 6-Month Price Index

For the Banks - Regional subindustry, Banca Mediolanum'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.


Banca Mediolanum  (WBO:BMED) 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.


Banca Mediolanum  (WBO:BMED) 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.


Banca Mediolanum 6-Month Price Index Related Terms

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


Banca Mediolanum (WBO:BMED) Business Description

Traded in Other Exchanges
Address
Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080
Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.

Banca Mediolanum (WBO:BMED) Headlines