Sekerbank TAS (IST:SKBNK) 6-Month Price Index : 0.72 (As of Jun. 02, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Sekerbank TAS 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 (2024-06-02), Sekerbank TAS's 6-Month Price Index is 0.72.

Competitive Comparison of Sekerbank TAS's 6-Month Price Index

For the Banks - Regional subindustry, Sekerbank TAS'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.

Sekerbank TAS (IST:SKBNK) 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.

Sekerbank TAS (IST:SKBNK) 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.

Sekerbank TAS 6-Month Price Index Related Terms

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

Sekerbank TAS (IST:SKBNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sekerbank TAS (IST:SKBNK) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eski Buyukdere Cad. No. 1/1A, Guvenlik Evleri Mahallesi, Kagithane, Istanbul, TUR, 34415

Website

https://www.sekerbank.com.tr

Sekerbank TAS is a co-operative bank operating in Turkey, primarily in Anatolia. The bank focuses on agricultural banking, as well as providing small to midsize enterprise, corporate, and retail banking services. The bank's strategy emphasizes its community banking orientation. It has incorporated microfinance lending into its business model to provide equal access across its customer segments. The bank's loan book is diversified but has just less than half of its exposure to the service industry.

Sekerbank TAS (IST:SKBNK) Headlines

No Headlines