Japan Post Bank Co (Japan Post Bank Co) 6-Month Price Index : 1.10 (As of Jun. 10, 2024)

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What is Japan Post Bank Co 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 (2024-06-10), Japan Post Bank Co's 6-Month Price Index is 1.10.

Competitive Comparison of Japan Post Bank Co's 6-Month Price Index

For the Banks - Regional subindustry, Japan Post Bank Co'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.

Japan Post Bank Co (OTCPK:JPSTF) 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.

Japan Post Bank Co (OTCPK:JPSTF) 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.

Japan Post Bank Co 6-Month Price Index Related Terms

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Japan Post Bank Co (Japan Post Bank Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Japan Post Bank Co Ltd (OTCPK:JPSTF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

JPPTY:USA 7182:Japan 5JP:Germany

Address

1-3-2 Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 100-8798

Website

http://www.jp-bank.japanpost.jp

Japan Post Bank is the successor of the postal-savings system dating to the Meiji era. It was partially privatized in 2015, when the government sold to the public an 11% stake in parent company Japan Post Holdings, which in turn sold 11% stakes in Japan Post Bank and Japan Post Insurance to the public. Japan Post Bank is now 64% owned by Japan Post Holdings, which is majority owned by the government. The law requires Japan Post Holdings to divest itself of Japan Post Bank eventually. Japan Post Bank has 235 direct branches and also accepts deposits and sells investment products at more than 24,000 post offices across the country through a sales-agency agreement with Japan Post (an unlisted subsidiary of Japan Post Holdings).

Japan Post Bank Co (Japan Post Bank Co) Headlines

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