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T. Rowe Price Group (WBO:TROW) 6-Month Price Index : 1.16 (As of May. 06, 2024)


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What is T. Rowe Price Group 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 (2024-05-06), T. Rowe Price Group's 6-Month Price Index is 1.16.

Competitive Comparison of T. Rowe Price Group's 6-Month Price Index

For the Asset Management subindustry, T. Rowe Price Group'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.

T. Rowe Price Group  (WBO:TROW) 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.

T. Rowe Price Group  (WBO:TROW) 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.

T. Rowe Price Group 6-Month Price Index Related Terms

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T. Rowe Price Group (WBO:TROW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » T. Rowe Price Group Inc (WBO:TROW) » Definitions » 6-Month Price Index
Comparable Companies
ARES STT PFG NTRS CRBG CG BEN ARCC AMP OWL BLK BX KKR OSTO:INVE A APO TSX:BN BK LSE:III XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
TROW:USA 1TROW:Italy TR1:Germany TR1:Germany TR1:Germany T1RO34:Brazil
Address
100 East Pratt Street, Baltimore, MD, USA, 21202
Website
https://www.troweprice.com
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.