GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SBI Life Insurance Company Limited (BOM:540719) » Definitions » 6-Month Price Index

SBI Life Insurance Company Limited (BOM:540719) 6-Month Price Index : 1.02 (As of May. 24, 2024)


View and export this data going back to 2017. Start your Free Trial

What is SBI Life Insurance Company Limited 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 (2024-05-24), SBI Life Insurance Company Limited's 6-Month Price Index is 1.02.


Competitive Comparison of SBI Life Insurance Company Limited's 6-Month Price Index

For the Insurance - Life subindustry, SBI Life Insurance Company Limited'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.


SBI Life Insurance Company Limited  (BOM:540719) 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.


SBI Life Insurance Company Limited  (BOM:540719) 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.


SBI Life Insurance Company Limited 6-Month Price Index Related Terms

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


SBI Life Insurance Company Limited (BOM:540719) Business Description

Traded in Other Exchanges
Address
M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069
SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment.

SBI Life Insurance Company Limited (BOM:540719) Headlines

No Headlines