GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Clal Insurance Enterprises Holdings Ltd (XTAE:CLIS) » Definitions » 6-Month Price Index

Clal Insurance Enterprises Holdings (XTAE:CLIS) 6-Month Price Index : 0.97 (As of Jun. 07, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Clal Insurance Enterprises Holdings 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 (2024-06-07), Clal Insurance Enterprises Holdings's 6-Month Price Index is 0.97.


Competitive Comparison of Clal Insurance Enterprises Holdings's 6-Month Price Index

For the Insurance - Diversified subindustry, Clal Insurance Enterprises Holdings'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.


Clal Insurance Enterprises Holdings  (XTAE:CLIS) 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.


Clal Insurance Enterprises Holdings  (XTAE:CLIS) 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.


Clal Insurance Enterprises Holdings 6-Month Price Index Related Terms

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


Clal Insurance Enterprises Holdings (XTAE:CLIS) Business Description

Traded in Other Exchanges
N/A
Address
36 Raul Wallenberg Road, Kiryat Atidim, Tower 8, Tel Aviv, ISR, 6136902
Clal Insurance Enterprises Holdings Ltd is an insurance company, part of IDB Group, a conglomerate from Israel. Its lines of business are: Nonlife insurance, Health insurance, Pensions, and provident funds for private and corporate clients. Clal insurance divisions are: nonlife insurance, long-term savings, and health. The nonlife insurance division offers automotive, property, personal accidents, guarantees, liability, and marine insurance, among others. The life insurance and long-term savings division manages long-term assets, such as life insurance, pensions, and funds. The health insurance division consists of health insurance products, such as local and overseas surgeries, transplants, medications, critical illness, long-term care, and accidents. The company's main market is Israel.