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Kumari Bank (XNEP:KBL) 6-Month Price Index : 0.89 (As of Jun. 16, 2024)


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What is Kumari 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 (2024-06-16), Kumari Bank's 6-Month Price Index is 0.89.


Competitive Comparison of Kumari Bank's 6-Month Price Index

For the Banks - Regional subindustry, Kumari 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.


Kumari Bank  (XNEP:KBL) 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.


Kumari Bank  (XNEP:KBL) 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.


Kumari Bank 6-Month Price Index Related Terms

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


Kumari Bank (XNEP:KBL) Business Description

Traded in Other Exchanges
N/A
Address
Tangal, Kathmandu, NPL
Kumari Bank Ltd provides various banking services in Nepal. It includes agency services, trade finance services, card services, e-commerce products and services, remittances, and bullion trading services with technological banking support services. The company's operating segments include Remittance Services, Digital Banking Business, Treasury Business, and Banking. It generates maximum revenue from the Banking segment.

Kumari Bank (XNEP:KBL) Headlines

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