GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) » Definitions » 6-Month Price Index

Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) 6-Month Price Index : 1.25 (As of May. 02, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Banco Latinoamericano de Comercio Exterior 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 (2024-05-02), Banco Latinoamericano de Comercio Exterior's 6-Month Price Index is 1.25.


Competitive Comparison of Banco Latinoamericano de Comercio Exterior's 6-Month Price Index

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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.


Banco Latinoamericano de Comercio Exterior  (NYSE:BLX) 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.


Banco Latinoamericano de Comercio Exterior  (NYSE:BLX) 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.


Banco Latinoamericano de Comercio Exterior 6-Month Price Index Related Terms

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


Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Traded in Other Exchanges
Address
Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN
Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.