Union Bank of Taiwan (TPE:2838) 6-Month Price Index : 1.13 (As of Jun. 11, 2024)

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What is Union Bank of Taiwan 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 (2024-06-11), Union Bank of Taiwan's 6-Month Price Index is 1.13.

Competitive Comparison of Union Bank of Taiwan's 6-Month Price Index

For the Banks - Regional subindustry, Union Bank of Taiwan'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.

Union Bank of Taiwan (TPE:2838) 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.

Union Bank of Taiwan (TPE:2838) 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.

Union Bank of Taiwan 6-Month Price Index Related Terms

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Union Bank of Taiwan (TPE:2838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank of Taiwan (TPE:2838) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

2838A.PFD:Taiwan

Address

Minsheng East Road, Songshan District, 1st Floor, 2nd Floor, No. 109, Sec. 3, Taipei, TWN

Website

https://www.ubot.com.tw

Union Bank of Taiwan provides various banking products and services to its customers in Taiwan. Company's reportable segments are as follows, 1) Corporate banking unit includes Corporate banking, foreign exchange business, debt management and public treasury business, etc. 2) Consumer banking unit includes Consumer banking, financial management and loan business, credit card business and car-loan business, etc. 3) Wealth management and trust unit includes Wealth management and trust business, etc. 4) Investing unit includes Investing business in the financial market, etc. 5) Leasing unit includes Leasing of vehicles, buildings, etc.

Union Bank of Taiwan (TPE:2838) Headlines

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