GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Element 25 Ltd (ASX:E25) » Definitions » 6-Month Price Index

Element 25 (ASX:E25) 6-Month Price Index : 0.69 (As of May. 19, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Element 25 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 (2024-05-19), Element 25's 6-Month Price Index is 0.69.


Competitive Comparison of Element 25's 6-Month Price Index

For the Other Industrial Metals & Mining subindustry, Element 25'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.


Element 25  (ASX:E25) 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.


Element 25  (ASX:E25) 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.


Element 25 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Element 25's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


Element 25 (ASX:E25) Business Description

Traded in Other Exchanges
Address
355 Scarborough Beach Road, Level 1, Building B, Garden Office Park, Osborne Park, WA, AUS, 6017
Element 25 Ltd is the operator of the Butcherbird Manganese Project. It predominantly generates revenue from the sales of manganese ore to customers. Geographically, the group has its presence in Australia and France.

Element 25 (ASX:E25) Headlines

No Headlines