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TBC Bank Group (LSE:TBCG) 6-Month Price Index : 0.92 (As of Jun. 08, 2024)


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What is TBC Bank Group 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), TBC Bank Group's 6-Month Price Index is 0.92.


Competitive Comparison of TBC Bank Group's 6-Month Price Index

For the Banks - Regional subindustry, TBC Bank Group'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.


TBC Bank Group  (LSE:TBCG) 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.


TBC Bank Group  (LSE:TBCG) 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.


TBC Bank Group 6-Month Price Index Related Terms

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TBC Bank Group (LSE:TBCG) Business Description

Traded in Other Exchanges
Address
100 Bishopsgate, C/O Law Debenture, London, GBR, EC2N 4AG
TBC Bank Group PLC is a UK based banking group. Its business activity involves universal banking operations within Georgia. The bank is focused on the financial services activities, and Most of its total assets relate to banking, insurance, leasing, brokerage and corporate advisory services. Its operating segments include Corporate, Micro, Small and Medium Enterprises, Retail, and Corporate Centre and Other Operations. Most of its revenues are derived from the Retail segment which includes all non-business individual customers or individual business customers.

TBC Bank Group (LSE:TBCG) Headlines

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