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Australia and New Zealand Banking Group (ASX:ANZPC.PFD) 6-Month Price Index : N/A (As of Apr. 29, 2024)


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What is Australia and New Zealand Banking Group 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 (2024-04-29), Australia and New Zealand Banking Group's 6-Month Price Index is N/A.

Competitive Comparison of Australia and New Zealand Banking Group's 6-Month Price Index

For the Banks - Diversified subindustry, Australia and New Zealand Banking Group'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.

Australia and New Zealand Banking Group  (ASX:ANZPC.PFD) 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.

Australia and New Zealand Banking Group  (ASX:ANZPC.PFD) 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.

Australia and New Zealand Banking Group 6-Month Price Index Related Terms

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Australia and New Zealand Banking Group (ASX:ANZPC.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Australia and New Zealand Banking Group Ltd (ASX:ANZPC.PFD) » Definitions » 6-Month Price Index
Comparable Companies
ASX:WBC ASX:NAB ASX:CBA JPM BAC SHSE:601398 SHSE:601288 WFC SHSE:601988 SHSE:601939 LSE:HSBA TSX:RY C TSE:8306 TSX:TD XSWX:UBSG XMAD:SAN TSE:8316 XMAD:BBVA TSX:BMO
Traded in Other Exchanges
ANZGY:USA ANZGF:USA ANZ:New Zealand X5Z1:Germany AN3PH.PFD:Australia AN3PG.PFD:Australia ANZPF.PFD:Australia ANZ:Australia
Address
833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008
Website
https://www.anz.com.au
ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.

Australia and New Zealand Banking Group (ASX:ANZPC.PFD) Headlines

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