Glarner Kantonalbank (XSWX:GLKBN) 6-Month Price Index : 0.95 (As of May. 02, 2024)

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What is Glarner Kantonalbank 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 (2024-05-02), Glarner Kantonalbank's 6-Month Price Index is 0.95.

Competitive Comparison of Glarner Kantonalbank's 6-Month Price Index

For the Banks - Regional subindustry, Glarner Kantonalbank'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.

Glarner Kantonalbank (XSWX:GLKBN) 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.

Glarner Kantonalbank (XSWX:GLKBN) 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.

Glarner Kantonalbank 6-Month Price Index Related Terms

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Glarner Kantonalbank (XSWX:GLKBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Glarner Kantonalbank (XSWX:GLKBN) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

GLKBNz:UK

Address

Hauptstrasse 21, PO Box 365, Glarus, CHE, 8750

Website

http://www.glkb.ch

Glarner Kantonalbank provides banking and financial services. Its services includes e-banking, private, savings, and investment banking services. It focuses on the mortgage and savings business as well as the asset management and investment business. The Bank provides its services to customers in the Canton of Glarus and in the neighboring economic area.

Glarner Kantonalbank (XSWX:GLKBN) Headlines

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