GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) » Definitions » 6-Month Price Index

Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) 6-Month Price Index : 1.04 (As of Jun. 04, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Union Bancaire Pour Le Commerce Et I` Industrie Bourse 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 (2024-06-04), Union Bancaire Pour Le Commerce Et I` Industrie Bourse's 6-Month Price Index is 1.04.


Competitive Comparison of Union Bancaire Pour Le Commerce Et I` Industrie Bourse's 6-Month Price Index

For the Banks - Regional subindustry, Union Bancaire Pour Le Commerce Et I` Industrie Bourse'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.


Union Bancaire Pour Le Commerce Et I` Industrie Bourse  (XTUN:UBCI) 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.


Union Bancaire Pour Le Commerce Et I` Industrie Bourse  (XTUN:UBCI) 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.


Union Bancaire Pour Le Commerce Et I` Industrie Bourse 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Union Bancaire Pour Le Commerce Et I` Industrie Bourse's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Business Description

Traded in Other Exchanges
N/A
Address
139 Liberty Avenue, Belvedere, Tunis, TUN, 1002
Union Bancaire Pour Le Commerce Et I` Industrie Bourse engages in the provision of banking and financial services. It offers private, corporate, and institutional banking solutions; cash management; investment banking; international trade; and financial engineering and services such as credit cards and insurances.

Union Bancaire Pour Le Commerce Et I` Industrie Bourse (XTUN:UBCI) Headlines

No Headlines