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First Security Islami Bank (DHA:FIRSTSBANK) 6-Month Price Index : 0.76 (As of Jun. 05, 2024)


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What is First Security Islami Bank 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 (2024-06-05), First Security Islami Bank's 6-Month Price Index is 0.76.


Competitive Comparison of First Security Islami Bank's 6-Month Price Index

For the Banks - Regional subindustry, First Security Islami Bank'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.


First Security Islami Bank  (DHA:FIRSTSBANK) 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.


First Security Islami Bank  (DHA:FIRSTSBANK) 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.


First Security Islami Bank 6-Month Price Index Related Terms

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


First Security Islami Bank (DHA:FIRSTSBANK) Business Description

Traded in Other Exchanges
N/A
Address
Rangs RD Center, Block: SE (F), Plot:03, Gulshan Avenue, Gulshan - 1, Dhaka, BGD, 1212
First Security Islami Bank Ltd is a commercial bank. The bank's activities include accepting deposits, making loans, discounting bills, conducting money transfers and foreign exchange transactions, and performing other services. The company mainly focuses on deposit mobilization and investing activities comprising of short-term, long-term, import, and export financing. The company invests in rural and agriculture, garments, jute, cement and bricks, tannery, steel and engineering, food and beverage, chemical and pharmaceuticals, printing and packaging, glass, and ceramics.

First Security Islami Bank (DHA:FIRSTSBANK) Headlines

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