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Meritz Fire & Marine Insurance Co (XKRX:000060) 6-Month Price Index : N/A (As of May. 31, 2024)


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What is Meritz Fire & Marine Insurance Co 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 (2024-05-31), Meritz Fire & Marine Insurance Co's 6-Month Price Index is N/A.


Competitive Comparison of Meritz Fire & Marine Insurance Co's 6-Month Price Index

For the Insurance - Property & Casualty subindustry, Meritz Fire & Marine Insurance Co'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.


Meritz Fire & Marine Insurance Co  (XKRX:000060) 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.


Meritz Fire & Marine Insurance Co  (XKRX:000060) 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.


Meritz Fire & Marine Insurance Co 6-Month Price Index Related Terms

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Meritz Fire & Marine Insurance Co (XKRX:000060) Business Description

Traded in Other Exchanges
N/A
Address
382 Gangnamdae-ro, Meritz Tower, Gangnam-gu, Seoul, KOR
Meritz Fire & Marine Insurance Co Ltd is a property and casualty insurance company. The company operates one segment that focuses on property and casualty insurance products in Korea. The company offers automobile insurance, life and health insurance, and commercial liability insurance products. Meritz generates all of its revenue in South Korea. Meritz also provides child insurance, cancer insurance, and assurance analysis services. The company considers merger and acquisition investment as a component of its operational growth strategy.

Meritz Fire & Marine Insurance Co (XKRX:000060) Headlines

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