ABx Group (ASX:ABX) 6-Month Price Index : 0.78 (As of May. 31, 2024)

View and export this data going back to 2009. Start your Free Trial

What is ABx Group 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 (2024-05-31), ABx Group's 6-Month Price Index is 0.78.

Competitive Comparison of ABx Group's 6-Month Price Index

For the Aluminum subindustry, ABx Group'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.

ABx Group (ASX:ABX) 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.

ABx Group (ASX:ABX) 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.

ABx Group 6-Month Price Index Related Terms

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

ABx Group (ASX:ABX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ABx Group Ltd (ASX:ABX) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

Level 5, 52 Phillip Street, Sydney, NSW, AUS, 2000

Website

https://www.abxgroup.com.au

ABx Group Ltd is a bauxite exploration and development company. It explores and develops bauxite in Queensland, New South Wales, and Tasmania. It operates in the mineral, exploration, and development of resources in Australia. Its projects include Binjour Project, Rare Earth elements and Tasmanian Project.

ABx Group (ASX:ABX) Headlines

No Headlines