GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Agricultural Development Bank Ltd (XGHA:ADB) » Definitions » 6-Month Price Index

Agricultural Development Bank (XGHA:ADB) 6-Month Price Index : 1.00 (As of Apr. 29, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Agricultural Development Bank 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 (2025-04-29), Agricultural Development Bank's 6-Month Price Index is 1.00.

Competitive Comparison of Agricultural Development Bank's 6-Month Price Index

For the Banks - Regional subindustry, Agricultural Development Bank'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.

Agricultural Development Bank  (XGHA:ADB) 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.

Agricultural Development Bank  (XGHA:ADB) 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.

Agricultural Development Bank 6-Month Price Index Related Terms

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

Agricultural Development Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Agricultural Development Bank Ltd (XGHA:ADB) » Definitions » 6-Month Price Index
Comparable Companies
XGHA:SCB XGHA:EGH XGHA:GCB XGHA:ACCESS XGHA:SOGEGH XGHA:CAL XGHA:RBGH XGHA:TBL NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 MIL:ISP XPAR:BNP SGX:D05 MIL:UCG NSE:SBIN HKSE:01658 ISX:BBCA PNC
Traded in Other Exchanges
N/A
Address
Accra Financial Centre, P.O. Box 4191, Ridge-Accra, 3rd Ambassadorial Development Area, Accra, GHA
Website
https://www.agricbank.com
Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasurys. Corporate Banking includes loans, deposits, and other transactions and balances with corporate customers including the Agricultural sector. Retail Banking includes loans, deposits, and other transactions and balances with retail customers. The central Treasury segment undertakes the Bank's funding and centralised risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes, and investing in liquid assets such as short-term placements and corporate and government debt securities.

Agricultural Development Bank Headlines

No Headlines