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Ecobank Transnational (NSA:ETI) 6-Month Price Index : 1.26 (As of Jun. 10, 2024)


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What is Ecobank Transnational 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), Ecobank Transnational's 6-Month Price Index is 1.26.

Competitive Comparison of Ecobank Transnational's 6-Month Price Index

For the Banks - Regional subindustry, Ecobank Transnational'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.

Ecobank Transnational  (NSA:ETI) 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.

Ecobank Transnational  (NSA:ETI) 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.

Ecobank Transnational 6-Month Price Index Related Terms

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

Ecobank Transnational (NSA:ETI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ecobank Transnational Inc (NSA:ETI) » Definitions » 6-Month Price Index
Comparable Companies
NSA:FBP NSA:UBNP NSA:FBNH NSA:ACCESSCORP NSA:FCMB NSA:STERLINGNG NSA:JAIZBANK NSA:WEMA NSA:ABBEYBDS NSA:UBP CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
ETI:Ghana ETIT:Cote d'Ivoire
Address
2365, Boulevard du Mono, Lome, TGO, 3261
Website
https://www.ecobank.com
Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Bank, Commercial banking, and Consumer. The company's Geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.

Ecobank Transnational (NSA:ETI) Headlines

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