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Omni Bridgeway (ASX:OBL) 6-Month Price Index : 0.83 (As of Apr. 27, 2024)


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What is Omni Bridgeway 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 (2024-04-27), Omni Bridgeway's 6-Month Price Index is 0.83.

Competitive Comparison of Omni Bridgeway's 6-Month Price Index

For the Credit Services subindustry, Omni Bridgeway'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.

Omni Bridgeway  (ASX:OBL) 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.

Omni Bridgeway  (ASX:OBL) 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.

Omni Bridgeway 6-Month Price Index Related Terms

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

Omni Bridgeway (ASX:OBL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Omni Bridgeway Ltd (ASX:OBL) » Definitions » 6-Month Price Index
Comparable Companies
ASX:HUM ASX:SVR ASX:PPM ASX:PLT ASX:FSA ASX:PGL ASX:PNC ASX:MME ASX:WZR ASX:EPY V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 SYF
Traded in Other Exchanges
IMMFF:USA MXG1:Germany
Address
35 Clarence Street, Level 7, Sydney, NSW, AUS, 2000
Website
https://www.omnibridgeway.com
Omni Bridgeway Ltd investigates, manages, and funds litigation claims in Australia. The company's practice areas include commercial litigation, funding for insolvency, class actions, and arbitration. Its operating segment includes Corporate; Fund 1; Fund 2 and 3; Fund 4; Fund 5 and Fund 6. The company generates maximum revenue from the Corporate segment. Geographically, it derives a majority of its revenue from Europe.

Omni Bridgeway (ASX:OBL) Headlines

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