Emirates Insurance Co PSC (ADX:EIC) 6-Month Price Index : 1.18 (As of Apr. 28, 2024)

View and export this data going back to 2000. Start your Free Trial

What is Emirates Insurance Co PSC 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 (2024-04-28), Emirates Insurance Co PSC's 6-Month Price Index is 1.18.

Competitive Comparison of Emirates Insurance Co PSC's 6-Month Price Index

For the Insurance - Diversified subindustry, Emirates Insurance Co PSC'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.

Emirates Insurance Co PSC (ADX:EIC) 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.

Emirates Insurance Co PSC (ADX:EIC) 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.

Emirates Insurance Co PSC 6-Month Price Index Related Terms

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

Emirates Insurance Co PSC (ADX:EIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Emirates Insurance Co PSC (ADX:EIC) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emirates Insurance Co Building, Al Zahiya (Tourist Club Area), P.O.Box 3856, Abu Dhabi, ARE

Website

https://www.eminsco.com

Emirates Insurance Co PSC is an insurance company operating through two segments namely Underwriting of General Insurance Business and Investments. The Underwriting of general insurance business - incorporating all classes of general insurance such as fire, marine, motor, general accident, and miscellaneous. The Investments segments include activities of investments in marketable equity securities and investment funds, bonds, term deposits with banks and investment properties, and other securities. The firm derives a majority of its revenue from the commission, dividend, and interest income.