The Federal Bank (NSE:FEDERALBNK) 6-Month Price Index : 1.07 (As of Jun. 11, 2024)

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What is The Federal Bank 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 (2024-06-11), The Federal Bank's 6-Month Price Index is 1.07.

Competitive Comparison of The Federal Bank's 6-Month Price Index

For the Banks - Regional subindustry, The Federal Bank'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.

The Federal Bank (NSE:FEDERALBNK) 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.

The Federal Bank (NSE:FEDERALBNK) 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.

The Federal Bank 6-Month Price Index Related Terms

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

The Federal Bank (NSE:FEDERALBNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Federal Bank Ltd (NSE:FEDERALBNK) » Definitions » 6-Month Price Index

Traded in Other Exchanges

500469:India

Address

Federal Towers, P O Box No 103, Aluva, Ernakulam, KL, IND, 683 101

Website

https://www.federalbank.co.in

The Federal Bank Ltd is an India-based commercial banking company. The company operates through a network of branches and ATMs across India. The company's business segments consist of the treasury segment, which includes trading and investments in bonds, equities, and mutual funds, derivatives trading, and foreign exchange operations; the corporate/wholesale banking segment, which offers loans and other banking services to corporate and other large clients; the retail banking segment, which provides lending and other banking services to individuals and small-business clients; and other banking operations, which contains para banking activities and other banking transactions. The company generates the majority of its revenue from the Indian market.

The Federal Bank (NSE:FEDERALBNK) Headlines

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