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ING Groep NV (XTER:INN1) 6-Month Price Index : 0.95 (As of Dec. 14, 2024)


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What is ING Groep NV 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 (2024-12-14), ING Groep NV's 6-Month Price Index is 0.95.

Competitive Comparison of ING Groep NV's 6-Month Price Index

For the Banks - Diversified subindustry, ING Groep NV'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.

ING Groep NV  (XTER:INN1) 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.

ING Groep NV  (XTER:INN1) 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.

ING Groep NV 6-Month Price Index Related Terms

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

ING Groep NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Groep NV (XTER:INN1) » Definitions » 6-Month Price Index
Comparable Companies
XAMS:ABN JPM BAC SHSE:601398 WFC SHSE:601288 SHSE:601939 SHSE:601988 TSX:RY ASX:CBA LSE:HSBA ASX:NAB TSE:8306 C XSWX:UBSG TSX:TD TSE:8316 ASX:WBC TSX:BNS XMAD:SAN
Traded in Other Exchanges
INGVF:USA ING:USA INGA:Netherlands 1INGA:Italy INGAa:UK 0RIC:UK INN1:Germany INN1:Germany INNA:Germany INN1:Germany INGG34:Brazil INGA:Austria ING:Argentina
Address
Bijlmerdreef 106, Amsterdam, NLD, 1102 CT
Website
https://www.ing.com
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support—a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market-leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.

ING Groep NV Headlines

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