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Alm Brand A/S (OCSE:ALMB) 6-Month Price Index : 1.14 (As of Jun. 08, 2024)


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What is Alm Brand A/S 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 (2024-06-08), Alm Brand A/S's 6-Month Price Index is 1.14.


Competitive Comparison of Alm Brand A/S's 6-Month Price Index

For the Insurance - Diversified subindustry, Alm Brand A/S'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.


Alm Brand A/S  (OCSE:ALMB) 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.


Alm Brand A/S  (OCSE:ALMB) 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.


Alm Brand A/S 6-Month Price Index Related Terms

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


Alm Brand A/S (OCSE:ALMB) Business Description

Traded in Other Exchanges
Address
Midtermolen 7, Copenhagen, DNK, DK-2100
Alm Brand A/S is a Danish investment holding company that its subsidiaries operate within the financial services, non-life insurance, life insurance, and banking industries. The non-life insurance segment exclusively services clients ranging from private customers to small and medium-size enterprises, among others. The life insurance segment offers life insurance, pension savings, and pension insurance. The banking segment offers services such as bond, equity, currency trading, asset servicing, leasing, and private banking to private and commercial clients. The non-life insurance business is the core business of the firm and generates a vast majority of its income.

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