GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alliance Nickel Ltd (ASX:AXN) » Definitions » 6-Month Price Index

Alliance Nickel (ASX:AXN) 6-Month Price Index : 0.83 (As of May. 29, 2024)


View and export this data going back to 1980. Start your Free Trial

What is Alliance Nickel 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 (2024-05-29), Alliance Nickel's 6-Month Price Index is 0.83.


Competitive Comparison of Alliance Nickel's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Alliance Nickel'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.


Alliance Nickel  (ASX:AXN) 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.


Alliance Nickel  (ASX:AXN) 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.


Alliance Nickel 6-Month Price Index Related Terms

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


Alliance Nickel (ASX:AXN) Business Description

Traded in Other Exchanges
Address
45 Stirling Highway, Level 1, Suite 1.02, Nedlands, WA, AUS, 6009
Alliance Nickel Ltd is an exploration and development company with nickel, cobalt and gold interests in Western Australia. Alliance's principal asset is its 100% owned NiWest Nickel Cobalt Project situated adjacent to Glencore's Murrin Murrin Operations. The company has completed a Pre-Feasibility Study which has confirmed the technical and economic viability of a heap leach and direct solvent extraction operation at undeveloped nickel/cobalt deposits in Australia.

Alliance Nickel (ASX:AXN) Headlines

No Headlines