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Banca Profilo SPA (MIL:PRO) 6-Month Price Index : 1.02 (As of May. 26, 2024)


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What is Banca Profilo SPA 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 (2024-05-26), Banca Profilo SPA's 6-Month Price Index is 1.02.


Competitive Comparison of Banca Profilo SPA's 6-Month Price Index

For the Banks - Regional subindustry, Banca Profilo SPA'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.


Banca Profilo SPA  (MIL:PRO) 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.


Banca Profilo SPA  (MIL:PRO) 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.


Banca Profilo SPA 6-Month Price Index Related Terms

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


Banca Profilo SPA (MIL:PRO) Business Description

Traded in Other Exchanges
Address
Via Cerva, 28, Milan, ITA, 20122
Banca Profilo SPA provides services for managing the assets of private and institutional clients and to the financial needs of companies. The company's operating segments include Private Banking and Investment banking; Finance; Digital channels; Activities Abroad and Corporate Centre. It generates maximum revenue from the Finance segment. The Finance segment relates to the management and development of trading activities on their own account and on behalf of third parties in financial instruments and services related to their issue and placement.