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Globe Life (BSP:G1LL34) 6-Month Price Index : 0.73 (As of May. 28, 2024)


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What is Globe Life 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 (2024-05-28), Globe Life's 6-Month Price Index is 0.73.

Competitive Comparison of Globe Life's 6-Month Price Index

For the Insurance - Life subindustry, Globe Life'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.

Globe Life  (BSP:G1LL34) 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.

Globe Life  (BSP:G1LL34) 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.

Globe Life 6-Month Price Index Related Terms

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

Globe Life (BSP:G1LL34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (BSP:G1LL34) » Definitions » 6-Month Price Index
Comparable Companies
PRI JXN LNC FG UNM CNO GNW BHF NWLI ABL SHSE:601318 SHSE:601628 HKSE:01299 BOM:543526 MET AFL TSX:MFC PRU SHSE:601601 TPE:2881
Traded in Other Exchanges
GL:USA
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
Website
https://www.globelifeinsurance.com
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.

Globe Life (BSP:G1LL34) Headlines

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