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Renta 4 Banco (XMAD:R4) 6-Month Price Index : 1.00 (As of Jun. 10, 2024)


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What is Renta 4 Banco 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), Renta 4 Banco's 6-Month Price Index is 1.00.

Competitive Comparison of Renta 4 Banco's 6-Month Price Index

For the Asset Management subindustry, Renta 4 Banco'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.

Renta 4 Banco  (XMAD:R4) 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.

Renta 4 Banco  (XMAD:R4) 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.

Renta 4 Banco 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Renta 4 Banco's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Renta 4 Banco (XMAD:R4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Renta 4 Banco SA (XMAD:R4) » Definitions » 6-Month Price Index
Comparable Companies
XMAD:INDXA BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III OSTO:EQT TROW STT ARES BOM:543940 PFG LSE:LGEN NTRS CRBG
Traded in Other Exchanges
0KBY:UK
Address
Paseo de la Habana 74, Madrid, ESP, 28036
Website
https://www.renta4banco.com
Renta 4 Banco SA is an asset management company providing wealth management, brokerage services, and corporate advisory services. It operates through a network of branches, agents, and subsidiaries spread widely across Spain and offers services to individuals and financial intermediaries, and small and medium-sized enterprises. Its activities include the provision of investment services, and the acquisition, holding, exploitation, administration, and disposal of all manner of transferable securities. It has three businesses as a reportable segment Intermediation, Portfolio, and asset management and advice, and Corporate Services.

Renta 4 Banco (XMAD:R4) Headlines

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