Al Baraka Bank Egypt (CAI:SAUD) 6-Month Price Index : 0.93 (As of Jun. 08, 2024)

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What is Al Baraka Bank Egypt 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 (2024-06-08), Al Baraka Bank Egypt's 6-Month Price Index is 0.93.

Competitive Comparison of Al Baraka Bank Egypt's 6-Month Price Index

For the Banks - Regional subindustry, Al Baraka Bank Egypt'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.

Al Baraka Bank Egypt (CAI:SAUD) 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.

Al Baraka Bank Egypt (CAI:SAUD) 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.

Al Baraka Bank Egypt 6-Month Price Index Related Terms

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Al Baraka Bank Egypt (CAI:SAUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Baraka Bank Egypt (CAI:SAUD) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 29, Road 90, P.O. Box 84, City Center, First Sector, 5th Settlement, New Cairo, EGY

Website

http://www.albaraka-bank.com.eg

Al Baraka Bank Egypt operates as an Islamic bank. It provides banking, commercial, financial and investment services. Geographically, it derives a majority of revenue from Greater Cairo. The Bank provides direct financing to companies and institutions that enjoy high creditworthiness, and participates in the syndicated loans of economically feasible large projects that provide employment opportunities as well as contributes to the finance of small and medium enterprises. Its products and services include trade finance such as open account, payment guarantee, vostro accounts, and various investment funds scheme.

Al Baraka Bank Egypt (CAI:SAUD) Headlines

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