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African Export-Import Bank (XMAU:AEIB.N0004) 6-Month Price Index : 1.02 (As of Jun. 13, 2024)


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What is African Export-Import 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 (2024-06-13), African Export-Import Bank's 6-Month Price Index is 1.02.

Competitive Comparison of African Export-Import Bank's 6-Month Price Index

For the Banks - Regional subindustry, African Export-Import 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.

African Export-Import Bank  (XMAU:AEIB.N0004) 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.

African Export-Import Bank  (XMAU:AEIB.N0004) 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.

African Export-Import Bank 6-Month Price Index Related Terms

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

African Export-Import Bank (XMAU:AEIB.N0004) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » African Export-Import Bank (XMAU:AEIB.N0004) » Definitions » 6-Month Price Index
Comparable Companies
Traded in Other Exchanges
N/A
Address
72 (B) El Maahad El Eshteraky Street Roxy, Heliopolis, Cairo, EGY, 11341
Website
https://www.afreximbank.com
African Export-Import Bank is a supranational financial institution that facilitates, promotes and expands intra and extra-African trade. Its functions include extending credit to eligible African exporters by providing pre- and post-shipment finance; extending indirect credit to African exporters and importers of African goods through the intermediary of banks and other African financial institutions; leveraging external financing through syndication; promoting and financing trade between African states and other developing states; acting as intermediary between African exporters and African and non-African importers through the issuance of letters of credit, guarantees and other trade documents in support of export-import transactions; among others.

African Export-Import Bank (XMAU:AEIB.N0004) Headlines

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