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Boubyan Bank KSC (KUW:BOUBYAN) 6-Month Price Index : 1.06 (As of Jun. 10, 2024)


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What is Boubyan Bank KSC 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 (2024-06-10), Boubyan Bank KSC's 6-Month Price Index is 1.06.


Competitive Comparison of Boubyan Bank KSC's 6-Month Price Index

For the Banks - Regional subindustry, Boubyan Bank KSC'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.


Boubyan Bank KSC  (KUW:BOUBYAN) 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.


Boubyan Bank KSC  (KUW:BOUBYAN) 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.


Boubyan Bank KSC 6-Month Price Index Related Terms

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


Boubyan Bank KSC (KUW:BOUBYAN) Business Description

Traded in Other Exchanges
N/A
Address
Al-Qibla - Abo Bakr Al-Seddiq, P.O. Box 25507, Al-Hamad Towers, 3rd Building, Beside Al-Khrafi Tower, Safat, KWT, 13116
Boubyan Bank KSC is a Kuwait based Islamic banking corporation. The company's operating segment includes Consumer banking; Corporate banking; Investment banking; Treasury and Group centre. It generates maximum revenue from the Consumer banking segment. The Consumer Banking segment provides a diversified range of products and services to individuals and institutional customers. It includes consumer finance, credit cards, deposits, and other branch related services. Geographically, it derives a majority of revenue from the Middle East and North Africa and also has a presence in North America; Europe, and Aisa.

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