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Talanx AG (XTER:TLX) 6-Month Price Index : 1.12 (As of May. 23, 2024)


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What is Talanx AG 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 (2024-05-23), Talanx AG's 6-Month Price Index is 1.12.

Competitive Comparison of Talanx AG's 6-Month Price Index

For the Insurance - Diversified subindustry, Talanx AG'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.

Talanx AG  (XTER:TLX) 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.

Talanx AG  (XTER:TLX) 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.

Talanx AG 6-Month Price Index Related Terms

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

Talanx AG (XTER:TLX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Talanx AG (XTER:TLX) » Definitions » 6-Month Price Index
Comparable Companies
XTER:NBG6 BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG ACGL MIL:G TSX:SLF HIG OHEL:SAMPO XSWX:SLHN LSE:AV. BSP:BBSE3 OCSE:TRYG XAMS:AGN EQH XAMS:NN BOM:540716 XAMS:ASRNL
Traded in Other Exchanges
0QA8:UK TLXd:UK TLX:Germany TLX:Germany TLX:Germany
Address
HDI-Platz 1, Hannover, NI, DEU, 30659
Website
https://www.talanx.com
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.
Executives
Sebastian Gascard Supervisory Board

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