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CaixaBank (CaixaBank) 6-Month Price Index : 1.29 (As of May. 13, 2024)


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What is CaixaBank 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 (2024-05-13), CaixaBank's 6-Month Price Index is 1.29.


Competitive Comparison of CaixaBank's 6-Month Price Index

For the Banks - Regional subindustry, CaixaBank'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.


CaixaBank  (OTCPK:CIXPF) 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.


CaixaBank  (OTCPK:CIXPF) 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.


CaixaBank 6-Month Price Index Related Terms

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


CaixaBank (CaixaBank) Business Description

Address
Calle Pintor Sorolla, 2-4, Valencia, ESP, 46002
CaixaBank SA is a Spanish bank that combines banking, insurance, and equity investment businesses. The group has a sizable customer base and extensive banking network in Spain, with a large number of branches and ATMs, spread throughout the country. The bank's global operations include retail banking, corporate banking, cash management, surplus management, and the allocation of income from financing the equity investment business. A majority of its equity investment business is in the global financial services sector. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

CaixaBank (CaixaBank) Headlines

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