Al Ahli Bank Of Kuwait (KUW:ABK) 6-Month Price Index : 1.36 (As of Jun. 04, 2024)

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What is Al Ahli Bank Of Kuwait 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 (2024-06-04), Al Ahli Bank Of Kuwait's 6-Month Price Index is 1.36.

Competitive Comparison of Al Ahli Bank Of Kuwait's 6-Month Price Index

For the Banks - Regional subindustry, Al Ahli Bank Of Kuwait'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 Ahli Bank Of Kuwait (KUW:ABK) 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 Ahli Bank Of Kuwait (KUW:ABK) 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 Ahli Bank Of Kuwait 6-Month Price Index Related Terms

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Al Ahli Bank Of Kuwait (KUW:ABK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Ahli Bank Of Kuwait (KUW:ABK) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Al Safat Square, Ahmed Al Jaber Street, P.O. Box 1387, Safat, Kuwait City, KWT, 13014

Website

https://www.eahli.com

Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.

Al Ahli Bank Of Kuwait (KUW:ABK) Headlines

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